Most ecosystem services, which are essential for human well-being, are globally declining, while the production of consumption goods, measured by GDP, is still growing. To adequately account for this opposite development in public cost-benefit analyses, it has been proposed - based on a...

Most ecosystem services, which are essential for human well-being, are globally declining, while the production of consumption goods, measured by GDP, is still growing. To adequately account for this opposite development in public cost-benefit analyses, it has been proposed - based on a...

Climate change related risks impact and challenge the private sector in many different ways. This also applies to risk drivers like a companies' reputation and a changing consumer behavior. Since significant risk drivers for companies differ just as much as companies themselves, a sector...

Von den möglichen Auswirkungen des Klimawandels wird eine Vielzahl gesellschaftlicher Bereiche betroffen sein, wobei dem Energiesektor dabei gesamtgesellschaftlich eine große Bedeutung zukommt. Zum einen ist die Energieinfrastruktur eine sogenannte Kritische Infrastruktur, denn ihr Ausfall...

Von den möglichen Auswirkungen des Klimawandels wird eine Vielzahl gesellschaftlicher Bereiche betroffen sein, wobei dem Energiesektor dabei gesamtgesellschaftlich eine große Bedeutung zukommt. Zum einen ist die Energieinfrastruktur eine sogenannte Kritische Infrastruktur, denn ihr Ausfall...

Climate change related risks impact and challenge the private sector in many different ways. This also applies to risk drivers like a companies’ reputation and a changing consumer behavior. Since significant risk drivers for companies differ just as much as companies themselves, a sector...

The ecological literature suggests that biodiversity reduces the variance of ecosystem services. Thus, conservative biodiversity management has an insurance value to risk-averse users of ecosystem services. We analyze a conceptual ecological-economic model in which such management measures...

Agro-biodiversity can provide natural insurance to risk averse farmers. We employ a conceptual ecological-economic model to analyze the choice of agrobiodiversity by risk averse farmers who have access to financial insurance. We study the implications for individually and socially optimal...

The European Union's Council Regulation on support for rural development by the European Agricultural Fund for Rural Development has introduced auctioning as a new instrument for granting agri-environmental payments and awarding conservation contracts for the recent multi-annual budgetary plan....