Economic Reasons for Conserving Wild Nature

Balmford A, Bruner A, Cooper P, Costanza R, Farber S, Green RE, Jenkins M, Jefferiss P, Jessamy V, Madden J, Munro K, Myers N, Naeem S, Paavola J, Rayment M, Rosendo S, Roughgarden J, Trumper K, Turner RK. 2002. Economic Reasons for Conserving Wild Nature. Science. 297(5583):950-953

On the eve of the World Summit on Sustainable Development, it is timely to assess progress over the 10 years since its predecessor in Rio de Janeiro. Loss and degradation of remaining natural habitats has continued largely unabated. However, evidence has been accumulating that such systems generate marked economic benefits, which the available data suggest exceed those obtained from continued habitat conversion. We estimate that the overall benefit:cost ratio of an effective global program for the conservation of remaining wild nature is at least 100:1.

Type
Journal Article
Authors
Balmford, Andrew; Bruner, Aaron; Cooper, Philip; Costanza, Robert; Farber, Stephen; Green, Rhys; Jenkins, Martin; Jefferiss, Paul; Jessamy, Valma; Madden, Joah; Munro, Kat; Myers, Norman; Naeem, Shahid; Paavola, Jouni; Rayment, Matthew; Rosendo, Sergio; Roughgarden, Joan; Trumper, Kate; Turner, R
Units
NRIM
Keywords
Conservation, Economics, Nature

Series

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