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Valuation of Regulating Services of Ecosystems
Policy and management decisions are often made on financial grounds. However, the economic value of the benefits that people derive from ecosystems, that is, ecosystem services, may not be fully recognised and hence ecosystem considerations may not be incorporated adequately into decision-making processes. This is particularly true for regulating services, the benefits obtained from the regulation of ecosystem processes, the valuation of which requires an interdisciplinary approach. In essence, valuation is a problem solving strategy and a problem is a problem, it does not respect the boundary of any particular discipline. The valuation of regulating services is an evolving field of ecologic...
Inclusive Wealth Report 2018
The Inclusive Wealth Index provides important insights into long-term economic growth and human well-being. The Index measures the wealth of nations through a comprehensive analysis of a country's productive base and the country’s wealth in terms of progress, well-being and long-term sustainability. It measures all assets which human well-being is based upon, in particular, produced, human and natural capital to create and maintain human well-being over time.
The Economics of Ecosystems and Biodiversity: Ecological and Economic Foundations
Human well-being relies critically on ecosystem services provided by nature. Examples include water and air quality regulation, nutrient cycling and decomposition, plant pollination and flood control, all of which are dependent on biodiversity. They are predominantly public goods with limited or no markets and do not command any price in the conventional economic system, so their loss is often not detected and continues unaddressed and unabated. This in turn not only impacts human well-being, but also seriously undermines the sustainability of the economic system. It is against this background that TEEB: The Economics of Ecosystems and Biodiversity project was set up in 2007 and led by the U...
Valuation of Regulating Services of Ecosystems
The valuation of regulating services is an evolving field of ecological economics. In this book, Professor Pushpam Kumar and Professor Michael D. Wood have invited some of the foremost international experts in the field of ecosystem services valuation to contribute chapters on the valuation of regulating services and highlight some of the main obstacles to the implementation and acceptance of these methodologies in the context of decision-making.
Mainstreaming Natural Capital and Ecosystem Services Into Development Policy
This book highlights the latest advances in the science and practice of using ecosystem services to inform decisions for economic development in the context of the developing countries. The development of the ecosystem services paradigm has enhanced our understanding of natural capital as an indispensable form of capital asset along with produced and human capital. This book addresses what could be the possible pathways to mainstream natural capital assets into development policies and what is currently known about the economic values of ecosystem services. A series of innovative tools to help policy makers and planners account for natural capital and ecosystem services in sectoral and macro...
Mainstreaming Natural Capital and Ecosystem Services into Development Policy
This book highlights the latest advances in the science and practice of using ecosystem services to inform decisions for economic development in the context of the developing countries. The development of the ecosystem services paradigm has enhanced our understanding of natural capital as an indispensable form of capital asset along with produced and human capital. This book addresses what could be the possible pathways to mainstream natural capital assets into development policies and what is currently known about the economic values of ecosystem services. A series of innovative tools to help policy makers and planners account for natural capital and ecosystem services in sectoral and macro...
Economics of Environment and Development
Designed specifically for students of economics, business economics, and allied areas at the undergraduate and postgraduate level, this book includes specially contributed articles by acknowledged experts of the discipline from all over the world. It covers critical areas like theory of externalities and market failure, valuation and accounting of environmental impacts, economic instruments for industrial pollution and environmental resources, poverty and environmental degradation, and corporate environmental management. The book also explores how to make development more sustainable, micro economics for ecological sustainability, and environmental policy in open economies.
Payment for Ecosystem Services
Chiefly papers presented at the Conference of the International Society for Ecological Economics, held at New Delhi in December 2006.
Ecological Economics from the Ground Up
This book provides learning materials which are grounded in the experience of Civil Society Organisations (CSOs), with case studies chosen by CSOs and developed collaboratively with leading ecological economists.
Ecology, Economy and Society
This book deals with not just complex linkages, interactions and exchanges that form the relationship between the economic activities, human society and the ecosystems, but also the influences and impacts that each causes on the other. In recent times, this ecology–economy–society interface has received unprecedented attention within the broader environment–development discourse. The volume is in honour of Kanchan Chopra, one of the pioneers of research in these areas in India. She has recently been awarded the coveted Kenneth Boulding Award by the International Society for Ecological Economics (ISEE) and is the first Asian to receive it. The four sub-themes of the book reflect some of...
