Journal ArticleDOI
The value of the world's ecosystem services and natural capital
Robert Costanza,Rudolf de Groot,Stephen Farberk,Monica Grasso,Bruce Hannon,Karin E. Limburg,Shahid Naeem,José M. Paruelo,Robert Raskin,Paul Suttonkk,Marjan van den Belt +10 more
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.read more
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Journal ArticleDOI
Forests as Human-Dominated Ecosystems
Ian R. Noble,Rodolfo Dirzo +1 more
TL;DR: In this paper, the emphasis is placed on areas of intensive use interspersed with areas for conservation and catchment purposes, and a need for further interaction among foresters, ecologists, community representatives, social scientists, and economists.
Journal ArticleDOI
Decreasing resilience of kelp beds along a latitudinal temperature gradient: potential implications for a warmer future
Thomas Wernberg,Thomas Wernberg,Mads S. Thomsen,Mads S. Thomsen,Fernando Tuya,Gary A. Kendrick,Peter A. Staehr,Benjamin D. Toohey +7 more
TL;DR: It is shown that while metabolic adjustment may assist Australasian kelp beds to persist and maintain abundance in warmer waters, it also reduces the physiological responsiveness of kelps to perturbation, and suppresses canopy recovery from disturbances by reducing the ecological performance of kelp recruits.
Journal ArticleDOI
Sustainable Floodplains Through Large-Scale Reconnection to Rivers
Jeffrey J. Opperman,Jeffrey J. Opperman,Gerald E. Galloway,Joseph Fargione,Jeffrey F. Mount,Brian Richter,Silvia Secchi +6 more
TL;DR: If riverside levees are strategically removed or repositioned, the result can be reduced flood risk and increased goods and services.
Journal ArticleDOI
Conflicting demands on wetland ecosystem services: nutrient retention, biodiversity or both?
TL;DR: In this paper, the authors analyzed physical, chemical and biological features of a large set of constructed wetlands and found that a combination of the features, namely shallow depth, large surface area and high shoreline complexity are likely to provide a high biodiversity of birds, benthic invertebrates and macrophytes and to have high nitrogen retention, whereas a small, deep wetland is likely to be more efficient in phosphorus retention, but less valuable in terms of biodiversity.
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.
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
Daniel Pauly,Villy Christensen +1 more
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
Robert Costanza,Herman E. Daly +1 more
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.