How to value biodiversity in environmental management?

How to value biodiversity in environmental management?

Primary Country: multiple
Ecosystem: species
Sample Value Estimates: "This paper takes a decision-analytic standpoint, and reviews and discusses the alternative aspects of biodiversity valuation by dividing them into three categories: socio-cultural, economic, and ecological indicator approaches... In this holistic framework, socio-cultural preferences can serve as a tool to identify the ecosystem services most relevant to society, whereas monetary valuation offers more globally comparative and understandable values. Biodiversity indicators provide clear quantitative measures and information about the role of biodiversity in the functioning and health of ecosystems. In the multi-objective EBM approach proposed in the paper, biodiversity indicators serve to define threshold values (i.e., the minimum level required to maintain a healthy environment). An appropriate set of decision-making criteria and the best method for conducting the decision analysis depend on the context and the management problem in question."
Methodology: Study is an overview of different methodologies to valuing biodiversity: it looks at economic, socio-cultural and ecological approaches.
Region: multiple

Publication information

Laurila-Pant, M. A. LehikoinenL. UusitaloR. Venesj√§rvi “How to value biodiversity in environmental management?” Ecological Indicators 55: 1-11, 2015

Addtional Notes

 

 

The authors recommend taking the following steps when quantitatively evaluating environmental management against biodiversity: 

(1) Clarify the environmental management problem to be analysed. (2) 

Identify the alternative solutions/management actions to be compared. (3) 

Expressing the potential gains and losses in terms of biodiver- sity. (4) 

Decide an appropriate method for quantitative analysis.  

 

 

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