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Human well-being is dependent upon 'ecosystem services' provided by nature for free, such as water and air purification, fisheries, timber and nutrient cycling. These are predominantly public goods with no markets and no prices, so their loss is often not detected by our current economic incentive system and therefore continues unabated. A variety of pressures resulting from population growth, changing diets, urbanisation, climate change and many other factors is causing biodiversity to decline and ecosystems to be degraded. The world's.
The Economics of Ecosystems and Biodiversity (TEEB) study is a major international initiative drawing attention to local, national and global economic benefits of biodiversity, to highlight the growing costs of biodiversity loss and ecosystem degradation, the benefits of investing in natural capital, and to draw together expertise from the fields of science, economics and policy to enable practical actions. Drawing on a team of more than one hundred authors and reviewers, this book demonstrates the value of ecosystems and biodiversity to the economy, society and individuals. It underlines the urgency of strategic policy making and action at national and international levels, and presents a r...
This book offers the first comprehensive treatment of multi-level water governance, developing a conceptual and analytical framework that captures the complexity of real water governance systems while also introducing different approaches to comparative analysis. Applications illustrate how the ostensibly conflicting goals of deriving general principles and of taking context-specific factors into account can be reconciled. Specific emphasis is given to governance reform, adaptive and transformative capacity and multi-level societal learning. The sustainable management of global water resources is one of the most pressing environmental challenges of the 21st century. Many problems and barriers to improvement can be attributed to failures in governance rather than the resource base itself. At the same time our understanding of complex water governance systems largely remains limited and fragmented. The book offers an invaluable resource for all researchers working on water governance topics and for practitioners dealing with water governance challenges alike.
It is increasingly recognized that the economic value of forests is not merely the production of timber. Forests provide other key ecosystem services, such as being sinks for greenhouse gases, hotspots of biodiversity, tourism and recreation. They are also vitally important in preventing soil erosion and controlling water supplies, as well as providing non-timber forest products and supporting the livelihoods of many local people. This handbook provides a detailed, comprehensive and broad coverage of forest economics, including traditional forest economics of timber production, economics of environmental role of forests, and recent developments in forest economics. The chapters are grouped i...
As Thomas Sterner points out, the economic 'toolkit' for dealing with environmental problems has become formidable. It includes taxes, charges, permits, deposit-refund systems, labeling, and other information disclosure mechanisms. Though not all these devices are widely used, empirical application has started within some sectors, and we are beginning to see the first systematic efforts at an advanced policy design that takes due account of market-based incentives. Sterner‘s book encourages more widespread and careful use of economic policy instruments. Intended primarily for application in developing and transitional countries, the book compares the accumulated experiences of the use of e...
The second book in an important biennial series that provides a new framework for measuring the inclusive wealth of nations.
This book examines the concept of naturalness in ecosystems, discusses its values and considers choices about the level of naturalness in conservation efforts. The author argues that all ecosystems have been modified and the idea of places 'untouched by humans' is a myth. But there are large differences in the degree of modification and levels of naturalness which can be identified. Changes are not always irreversible; some apparent wilderness areas are sites of former civilizations. There is no longer any simple distinction possible between 'natural' and 'cultural' systems. In the future, society will, to some extent, choose the degree of naturalness in land and seascapes. The growth of pro...
This book is a product of the TEEB study (The Economics of Ecosystems and Biodiversity). It provides important evidence of growing corporate concern about biodiversity loss and offers examples of how leading companies are taking action to conserve biodiversity and to restore ecosystems. This book reviews indicators and drivers of biodiversity loss and ecosystem decline, and shows how these present both risks and opportunities to all businesses. It examines the changing preferences of consumers for nature-friendly products and services, and offers examples of how companies are responding. The book also describes recent initiatives to enable businesses to measure, value and report their impact...
This book is written by prominent academics and practitioners, exploring problems and opportunities of growth in different aspects of sustainable development. The overarching themes running throughout the book are energy access, policy, climate change, human development and resource allocation in the context of India. The book will benefit policymakers and researchers with its inclusion of new evidence and solutions to meet developmental challenges.