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
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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
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Veröffentlichung
- (wer)
-
Helmholtz-Zentrum für Umweltforschung (UFZ)
- (wo)
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Leipzig
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:46 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bartkowski, Bartosz
- Helmholtz-Zentrum für Umweltforschung (UFZ)
Entstanden
- 2016