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In the context of decision making, the main challenge is the assessment of changes in natural capital stocks due to conversion of ecosystems for development purposes. Ecosystems are basically a spatial concept, so the natural approach is to use GIS to evaluate land cover changes. Basic economic...
Persistent link: https://www.econbiz.de/10011857701
Safeguarding the future of Venice is a globally recognised challenge of urban sustainability. We propose a sustainable management model, alternative to the current strategy, that primarily focuses on the built heritage and which interprets the city together with its encircling lagoon as a matrix...
Persistent link: https://www.econbiz.de/10012317686
Investment in natural capital is increasingly necessary and urgent considering the increasing loss of global bio- diversity and the associated social and economic losses. Ecosystem services are tools for quantifying the stock of natural capital and there is great concern about their assessment...
Persistent link: https://www.econbiz.de/10012176125
The natural capital concept is generating broad interest that extends well beyond economists. Economics has a long history of applying capital theory to natural resources. However, measurement of the value of ecosystems has mostly focused on income flows rather than valuing stocks of natural...
Persistent link: https://www.econbiz.de/10014023894
Biodiversity loss can have direct economic impacts, as it limits the availability of natural resources and increases … costs across various industries. When firms face significant risks due to biodiversity loss, their creditworthiness may be … loans market in the European Union and United Kingdom. Firstly, we construct a country-level indicator of biodiversity …
Persistent link: https://www.econbiz.de/10014465233
Based on a Contingent Valuation study in Shanghai we assess people's willingness to contribute personally to the alleviation of environmental problems occurring in distant parts of the country. One split of our survey assessed Shanghai residents' willingness to pay for the preservation of...
Persistent link: https://www.econbiz.de/10010436197
counter these in selected OECD countries. More specifically, the paper begins with an overview of the main biodiversity and …
Persistent link: https://www.econbiz.de/10012180379
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 … and external effects of management effort on biodiversity; and (iii) the welfare loss due to free-riding may decrease or …
Persistent link: https://www.econbiz.de/10010468970
species forming a food chain. The size of habitat determines the diversity and abundance of species. That biodiversity …
Persistent link: https://www.econbiz.de/10011450672
contribute to monitoring progress towards two of the 2011-2020 Aichi Biodiversity Targets under the Convention on Biological … eliminate, phase out, or reform incentives, including subsidies, harmful to biodiversity and to develop and apply positive … incentives for the conservation and sustainable use of biodiversity. Aichi Target 20 refers to the need to substantially increase …
Persistent link: https://www.econbiz.de/10011402813