📰 25 years ago, we put a price on nature

25 years ago, a somewhat heretical idea emerged in the scientific literature: what if we attributed economic value to ecosystems?

The idea was to capture the attention of policy-makers thanks to an argument they were familiar with: the economic benefits we derive from something, in this case the “services” that ecosystems provide us.

Robert Costanza, frominstitute (An institute is a permanent organization established for a specific purpose. It is…) Environmental Economics inUniversity (The university is an institution of higher education whose goal is…) From Maryland, 11 teammates from four country (Country comes from the Latin pagos which defined the territorial and tribal division of the range…)arrived in sum (Total is the whole quality, without exception. From an accounting point of view, a…) 33,000 billion dollars a yeartogether (In set theory, a set intuitively identifies a set…) global ecosystems. This is more than the world’s gross national product at the time, estimated at $18,000 billion.

Objections have focused a great deal on methods of calculation – if the economic value of Jungle (A forest or a forest mass is a wooded expanse, relatively dense, …) Easy to calculate, how to evaluate it from Desert (Today’s desert refers to a sterile area or an area that is not very conducive to…) Where nothing grows except on the morality of the thing: can we really claim that nature has “economic value”?

But 25 years later, so is exercise beautiful (Named after inventor Alexander Graham Bell, Bell is a unit…) And it actually had its benefit: a reformulation discussion (A discussion is a (constructive) discussion on a specific or substantive topic, announced in advance, …) Including those most resistant to limiting the exploitation of natural resources or protecting the environment.environment (Environment is everything that surrounds us. It is all natural elements and…). The exercise by these researchers, who are from environmental sciences and economics, has inspired many other accounts of the same kind, particularly at the local level. As the 11 authors wrote: “We need to start giving The natural capital (Natural capital refers to resources such as minerals, plants, animals, air…) Who produces these services? weight (Weight is the gravitational force, of gravity and the origin of inertia, which it exerts…) appropriate decision-making processes, otherwise the quality of life (Quality of life of residents is a major issue in the economy and…) People will suffer greatly.”

If the international efforts to protect Biodiversity (Biodiversity is the natural diversity of living organisms. It is appreciated…) et de protection des espèces menacées étaient déjà bien engagés en 1997, ces calculs économiques n’ont pas tardé à être intégrés aux discussions et à être raffinés: dans les annéions les annéions’ cum et égâ er 2010 The Global Warming (Greenhouse, also called global warming, or …)for example, made it necessary to calculate the “benefits” that peat bogs bring when they absorb part of the floods, in relation to the costs of rebuilding an area or road (The word “road” is derived from the Latin (via) rupta, which literally means “the way…). Or the “benefits” of maintaining rivers that feed a town (A city is an urban unit (“human settlement” for…) in drinking water (Drinking water is water that must meet a certain number of properties which makes it…)if it prevents having to build a new plant for Purification (Filtration is a separation process that allows separation…). Or more Widely (The grand ladder, also called the aerial ladder or automatic ladder, is…)the benefits brought by the Amazon rainforest, if its disappearance will lead to an acceleration of the accumulation carbon (Carbon is a chemical element of the family of crystalline substances, symbol C, …) in’ambiance (The word atmosphere can have several meanings:), compared to the billions of dollars that would result from problems. In 2012, the United Nations adopted a measure called Gross Ecosystem Output, which has been implemented in several countries including China, and serves as a guide toward more “green” investments.

As mentioned this week in the review temper nature Two researchers from the members natural capital projectIn theStanford University (Leland Stanford Jr. University, better known as Stanford University, is one…)the “boxes forWater (Water is a chemical compound found everywhere on Earth, essential to everyone…)Created by Globalism (world can refer to:) and other “payments for environmental services”, they are the heirs of this heretical idea.

These two researchers allow themselves some optimism: “In November 2021, ten multilateral development banks (financial institutions based in more than one country and set up to encourage economic development) that contribute about $222 billion annually in development assistance, committed to ‘integrating Nature in our policies, analytics, assessments, advice, and operations by 2025.”

Original article:
Robert Costanza et al., “The value of ecosystem services in the world and natural (Natural is a semi-compiled programming language, published by the company…) capital”, temper natureMay 15, 1997.

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