The Economics of Valuing Ecosystem Services and Biodiversity

Unai Pascual; Roldan Muradian; Luke Brander; Erik Gómez-Baggethun; Berta Martín-López; Madhu Verma; Paul Armsworth; Michael Christie; Hans Cornelissen; Florian Eppink; Joshua Farley; John Loomis; Leonie Pearson; Charles Perrings; Stephen Polasky; Jeffrey A. McNeely; Richard Norgaard; Rehana Siddiqui; R. David Simpson; R. Kerry Turner

doi:10.4324/9781849775489-6

The Economics of Valuing Ecosystem Services and Biodiversity

Unai Pascual^*, Roldan Muradian, Luke Brander, Erik Gómez-Baggethun, Berta Martín-López, Madhu Verma, Paul Armsworth, Michael Christie, Hans Cornelissen, Florian Eppink, Joshua Farley, John Loomis, Leonie Pearson, Charles Perrings, Stephen Polasky, Jeffrey A. McNeely, Richard Norgaard, Rehana Siddiqui, R. David Simpson, R. Kerry Turner

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In the Total Economic Value (TEV) framework, ecosystems may generate output values (the values generated in the current state of the ecosystem, for example food production, climate regulation and recreational value) as well as insurance values. The latter, closely related to ‘option value’, is the value of ensuring that there is no regime shift in the ecosystem with irreversible negative consequences for human well-being. Even if an ecosystem or some component of it currently generates no output value, its option value may still be significant.

Iaith wreiddiol	Saesneg
Teitl	The Economics of Ecosystems and Biodiversity
Is-deitl	Ecological and Economic Foundations
Golygyddion	Pushpam Kumar
Man cyhoeddi	London
Cyhoeddwr	Taylor & Francis
Pennod	5
Tudalennau	183-256
Nifer y tudalennau	74
Argraffiad	1
ISBN (Electronig)	9781849775489
ISBN (Argraffiad)	9781849712125, 9780415501088
Dynodwyr Gwrthrych Digidol (DOIs)	https://doi.org/10.4324/9781849775489-6 https://doi.org/10.4324/9781849775489
Statws	Cyhoeddwyd - 01 Ion 2012

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Pascual, U., Muradian, R., Brander, L., Gómez-Baggethun, E., Martín-López, B., Verma, M., Armsworth, P., Christie, M., Cornelissen, H., Eppink, F., Farley, J., Loomis, J., Pearson, L., Perrings, C., Polasky, S., McNeely, J. A., Norgaard, R., Siddiqui, R., David Simpson, R., & Kerry Turner, R. (2012). The Economics of Valuing Ecosystem Services and Biodiversity. Yn P. Kumar (Gol.), The Economics of Ecosystems and Biodiversity: Ecological and Economic Foundations (1 gol., tt. 183-256). Taylor & Francis. https://doi.org/10.4324/9781849775489-6, https://doi.org/10.4324/9781849775489

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title = "The Economics of Valuing Ecosystem Services and Biodiversity",

abstract = "In the Total Economic Value (TEV) framework, ecosystems may generate output values (the values generated in the current state of the ecosystem, for example food production, climate regulation and recreational value) as well as insurance values. The latter, closely related to {\textquoteleft}option value{\textquoteright}, is the value of ensuring that there is no regime shift in the ecosystem with irreversible negative consequences for human well-being. Even if an ecosystem or some component of it currently generates no output value, its option value may still be significant.",

keywords = "TEEB, Ecosystem services, Valuation",

author = "Unai Pascual and Roldan Muradian and Luke Brander and Erik G{\'o}mez-Baggethun and Berta Mart{\'i}n-L{\'o}pez and Madhu Verma and Paul Armsworth and Michael Christie and Hans Cornelissen and Florian Eppink and Joshua Farley and John Loomis and Leonie Pearson and Charles Perrings and Stephen Polasky and McNeely, {Jeffrey A.} and Richard Norgaard and Rehana Siddiqui and {David Simpson}, R. and {Kerry Turner}, R.",

year = "2012",

month = jan,

day = "1",

doi = "10.4324/9781849775489-6",

language = "English",

isbn = "9781849712125",

pages = "183--256",

editor = "Pushpam Kumar",

booktitle = "The Economics of Ecosystems and Biodiversity",

publisher = "Taylor & Francis",

address = "United Kingdom of Great Britain and Northern Ireland",

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Pascual, U, Muradian, R, Brander, L, Gómez-Baggethun, E, Martín-López, B, Verma, M, Armsworth, P, Christie, M, Cornelissen, H, Eppink, F, Farley, J, Loomis, J, Pearson, L, Perrings, C, Polasky, S, McNeely, JA, Norgaard, R, Siddiqui, R, David Simpson, R & Kerry Turner, R 2012, The Economics of Valuing Ecosystem Services and Biodiversity. yn P Kumar (gol.), The Economics of Ecosystems and Biodiversity: Ecological and Economic Foundations. 1 gol., Taylor & Francis, London, tt. 183-256. https://doi.org/10.4324/9781849775489-6, https://doi.org/10.4324/9781849775489

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T1 - The Economics of Valuing Ecosystem Services and Biodiversity

AU - Pascual, Unai

AU - Muradian, Roldan

AU - Brander, Luke

AU - Gómez-Baggethun, Erik

AU - Martín-López, Berta

AU - Verma, Madhu

AU - Armsworth, Paul

AU - Christie, Michael

AU - Cornelissen, Hans

AU - Eppink, Florian

AU - Farley, Joshua

AU - Loomis, John

AU - Pearson, Leonie

AU - Perrings, Charles

AU - Polasky, Stephen

AU - McNeely, Jeffrey A.

AU - Norgaard, Richard

AU - Siddiqui, Rehana

AU - David Simpson, R.

AU - Kerry Turner, R.

PY - 2012/1/1

Y1 - 2012/1/1

N2 - In the Total Economic Value (TEV) framework, ecosystems may generate output values (the values generated in the current state of the ecosystem, for example food production, climate regulation and recreational value) as well as insurance values. The latter, closely related to ‘option value’, is the value of ensuring that there is no regime shift in the ecosystem with irreversible negative consequences for human well-being. Even if an ecosystem or some component of it currently generates no output value, its option value may still be significant.

AB - In the Total Economic Value (TEV) framework, ecosystems may generate output values (the values generated in the current state of the ecosystem, for example food production, climate regulation and recreational value) as well as insurance values. The latter, closely related to ‘option value’, is the value of ensuring that there is no regime shift in the ecosystem with irreversible negative consequences for human well-being. Even if an ecosystem or some component of it currently generates no output value, its option value may still be significant.

KW - TEEB

KW - Ecosystem services

KW - Valuation

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UR - http://hdl.handle.net/2160/37783

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BT - The Economics of Ecosystems and Biodiversity

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PB - Taylor & Francis

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The Economics of Valuing Ecosystem Services and Biodiversity

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