Académique Documents
Professionnel Documents
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Services and
Biodiversity Conservation:
a multidisciplinary approach
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Contents
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Just what is economic thinking?
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Environmental and natural resource economics
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6
Definition of the total economic value of an
environmental resource
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Why perform economic valuation
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Economic valuation perspective
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All in all…
This does not mean that one is right and the other is wrong.
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Economic perspective
Instrumental perspective
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Economic valuation perspective
Scenarios Policy
formulation instruments
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Economic valuation perspective
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Economic Valuation
***
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Biodiversity as an environmental resource
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Biodiversity and Human Welfare
HUMAN
WELFARE
BIODIVERSITY
RESOURCES
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Complexity of the resource
Levels of biodiversity
Types of diversity Physical expression
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Classification of biodiversity economic values
Ecosystem
1 4
2
Biodiversity Species 6
5
3
Human welfare
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Applicability
Biodiversity Economic value Biodiversity Degree of applicability of the
value category interpretation benefits economic valuation methods
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Millennium Ecosystem Assessment
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Biodiversity matters and people matter!
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Motivation: stylized fact one
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Motivation: stylized fact two
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MEA: conceptual framework
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Source: MEA (2005), adapted.
MEA: conceptual framework
Climate change
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Source: MEA (2005), adapted.
MEA: conceptual framework
Climate change
Forests systems
Coastal and marine systems
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Source: MEA (2005), adapted.
MEA: conceptual framework
Climate change
Forests systems
Coastal and marine systems
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Source: MEA (2005), adapted.
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An illustration:
Marine
ecosystem goods
and services
Fisheries
Eco-tourism CO2 Recreation Nonuse values
products
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Monetary valuation approaches
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What are CVMs?
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Potential of CVM Studies
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Biodiversity, ecosystems,
ecosystems services and
human well-being are
linked
Ecosystem services:
ecosystems provide vital
goods and services
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Provision of ecosystem
services is not often
factored into important
decisions that affect
ecosystems.
Distortions in decision-
making damage the
provision of ecosystem
services making human
society and the
environment poorer
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Integrating ecology and economics:
a research agenda for valuing ecosystem services
(3) Non-
anthropocentric (2) Actions
approaches
(4) Ecological
production
functions
Benefits Ecosystem
and costs services
(6) Valuation 41
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Reflection and challenges:
tasks to mainstream economic valuation
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Work in progress: BioLAC
Policy/management insights
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Contact:
pnunes@unive.it