Valuing ecosystem services toward better environmental decision-making

✍ Scribed by Committee on Assessing and Valuing the Services of Aquatic and Related Terrestrial Ecosystems, National Research Council

Publisher: National Academies Press
Year: 2005
Tongue: English
Leaves: 290
Edition: [Online-Ausg.]
Category: Library

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✦ Synopsis

Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€''even intangible onesâ€''and calls for greater collaboration between ecologists and economists in such efforts.

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