The Value of Nature and the Nature of Value
Top Cited Papers
- 21 July 2000
- journal article
- policy forum
- Published by American Association for the Advancement of Science (AAAS) in Science
- Vol. 289 (5478) , 395-396
- https://doi.org/10.1126/science.289.5478.395
Abstract
Ecosystems are capital assets: When properly managed, they yield a flow of vital goods and services. Relative to other forms of capital, however, ecosystems are poorly understood, scarcely monitored, and--in many important cases--undergoing rapid degradation. The process of economic valuation could greatly improve stewardship. This potential is now being realized with innovative financial instruments and institutional arrangements.Keywords
This publication has 7 references indexed in Scilit:
- Valuing Ecosystem ServicesEcosystems, 2000
- Social Goals and the Valuation of Ecosystem ServicesEcosystems, 2000
- Limitations of Economic Valuation of EcosystemsEcosystems, 2000
- Pricing Biodiversity and Ecosystem Services: The Never-Ending StoryBioScience, 2000
- Gardenification of tropical conserved wildlands: Multitasking, multicropping, and multiusersProceedings of the National Academy of Sciences, 1999
- Costing the Earth: when ecology meets economicsNature, 1998
- Economic returns from the biosphereNature, 1998