Are diverse ecosystems more valuable? : a conceptual framework for economic valuation of biodiversity / Bartosz Bartkowski ; Helmholtz-Zentrum für Umweltforschung - UFZ, Department of Economics
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Discovery
863322263
URN
urn:nbn:de:gbv:3:2-79502
DOI
ISBN
ISSN
Autorin / Autor
Beiträger
Körperschaft
Erschienen
Leipzig : Helmholtz-Zentrum für Umweltforschung GmbH - UFZ, July 2016
Umfang
1 Online-Ressource (21 Seiten, 0,44 MB) : Illustrationen
Ausgabevermerk
Sprache
eng
Anmerkungen
Inhaltliche Zusammenfassung
Biodiversity is an important environmental public good. However, the literature suggests that it is not clear how its economic value should be estimated; there is no established framework for doing this. This paper summarises concepts of biodiversity value from the ecological and economic literatures and combines them to a comprehensive and consistent framework. It is argued that biodiversity is the main carrier of insurance value, option value and spill-over value, and also influences the aesthetic appreciation of ecosystems. On that basis, an extension of the TEV framework is proposed to incorporate biodiversity values better. Furthermore, a number of specific challenges of biodiversity as an economic good are identified and used as criteria to inform the choice of suitable valuation methods.
Schriftenreihe
UFZ-Diskussionspapiere ; 2016, 9 ppn:635135833