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Journal ArticleDOI

The value of the world's ecosystem services and natural capital

TLDR
In this paper, the authors have estimated the current economic value of 17 ecosystem services for 16 biomes, based on published studies and a few original calculations, for the entire biosphere, the value (most of which is outside the market) is estimated to be in the range of US$16-54 trillion (10^(12)) per year, with an average of US $33 trillion per year.
Abstract
The services of ecological systems and the natural capital stocks that produce them are critical to the functioning of the Earth's life-support system. They contribute to human welfare, both directly and indirectly, and therefore represent part of the total economic value of the planet. We have estimated the current economic value of 17 ecosystem services for 16 biomes, based on published studies and a few original calculations. For the entire biosphere, the value (most of which is outside the market) is estimated to be in the range of US$16-54 trillion (10^(12)) per year, with an average of US$33 trillion per year. Because of the nature of the uncertainties, this must be considered a minimum estimate. Global gross national product total is around US$18 trillion per year.

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Journal ArticleDOI

Dynamic changes in the value of China’s ecosystem services

TL;DR: In this paper, a dynamic assessment method of ecosystem service values (ESV) based on an analogy with the labor theory of value, by modifying and developing the method of equivalence factor per unit area.
Journal ArticleDOI

Resilience and sustainable development

TL;DR: The connection between resilience and sustainable economic development has been discussed in this paper, where a call for papers addressing resilience and sustainability is presented, which stems from the fact that the ecological concept of resilience has been exercising an increasing influence on the economics of development.
Journal ArticleDOI

How to implement biodiversity-based agriculture to enhance ecosystem services: a review

TL;DR: In this article, the authors present a review of agroecological and management sciences to identify two facts that explain the lack of practical applications: (1) the occurrence of high uncertainties about relations between agricultural practices, ecological processes, and ecosystem services, and (2) the site-specific character of agricultural practices required to deliver expected ecosystem services; they also show that an adaptive management approach, focusing on planning and monitoring, can serve as a framework for developing and implementing learning tools tailored for biodiversity-based agriculture.
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The genome of the seagrass Zostera marina reveals angiosperm adaptation to the sea

TL;DR: The genome of Zostera marina, the first, to the authors' knowledge, marine angiosperm to be fully sequenced, reveals unique insights into the genomic losses and gains involved in achieving the structural and physiological adaptations required for its marine lifestyle.
References
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Book

Using surveys to value public goods : the contingent valuation method

TL;DR: Mitchell and Carson as discussed by the authors argue that at this time the contingent valuation (CV) method offers the most promising approach for determining public willingness to pay for many public goods, an approach likely to succeed, if used carefully, where other methods may fail.
Journal ArticleDOI

Nature's services: societal dependence on natural ecosystems.

Gretchen C. Daily
- 23 Jan 1998 - 
TL;DR: Nature's Services brings together world-renowned scientists from a variety of disciplines to examine the character and value of ecosystem services, the damage that has been done to them, and the consequent implications for human society.
Book

For The Common Good: Redirecting The Economy Towards Community, The Environment And A Sustainable Future

TL;DR: In this article, the authors argue that the scale of human activity in the biosphere has grown too large and that change is needed in the approach to economic activity: "correction and expansion a more empirical and historical attitude less pretense on being science and willingness to subordinate the market to purposes that it is not geared to determine."
Journal ArticleDOI

Primary production required to sustain global fisheries

TL;DR: In this paper, the mean of reported annual world fisheries catches for 1988-1991 (94.3 million t) was split into 39 species groups, to which fractional trophic levels, ranging from 1.0 (edible algae) to 4.2 (tunas), were assigned, based on 48 published Trophic models, providing a global coverage of six major aquatic ecosystem types.
Journal ArticleDOI

Natural Capital and Sustainable Development

TL;DR: In this paper, a minimum necessary condition for sustainability is the maintenance of the total natural capital stock at or above the current level, to be relaxed only when solid evidence can be offered that it is safe to do so.
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