Arbeitspapier

Are diverse ecosystems more valuable? A conceptual framework for economic valuation of biodiversity

Biodiversity is an important environmental public good. However, the literature suggests that it is not clear how its economic value should be estimated; there is no established framework for doing this. This paper summarises concepts of biodiversity value from the ecological and economic literatures and combines them to a comprehensive and consistent framework. It is argued that biodiversity is the main carrier of insurance value, option value and spill-over value, and also influences the aesthetic appreciation of ecosystems. On that basis, an extension of the TEV framework is proposed to incorporate biodiversity values better. Furthermore, a number of specific challenges of biodiversity as an economic good are identified and used as criteria to inform the choice of suitable valuation methods.

Sprache
Englisch

Erschienen in
Series: UFZ Discussion Paper ; No. 9/2016

Klassifikation
Wirtschaft
Thema
biodiversity
economic valuation
insurance value
option value
TEV

Ereignis
Geistige Schöpfung
(wer)
Bartkowski, Bartosz
Ereignis
Veröffentlichung
(wer)
Helmholtz-Zentrum für Umweltforschung (UFZ)
(wo)
Leipzig
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:46 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bartkowski, Bartosz
  • Helmholtz-Zentrum für Umweltforschung (UFZ)

Entstanden

  • 2016

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