Valuing Natural Capital

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Natural Capital

Author : Dieter Helm
Publisher : Yale University Press
ISBN 13 : 0300213948
Total Pages : 291 pages
Book Rating : 4.3/5 (2 download)

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Book Synopsis Natural Capital by : Dieter Helm

Download or read book Natural Capital written by Dieter Helm and published by Yale University Press. This book was released on 2015-05-12 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural capital is what nature provides to us for free. Renewables—like species—keep on coming, provided we do not drive them towards extinction. Non-renewables—like oil and gas—can only be used once. Together, they are the foundation that ensures our survival and well-being, and the basis of all economic activity. In the face of the global, local, and national destruction of biodiversity and ecosystems, economist Dieter Helm here offers a crucial set of strategies for establishing natural capital policy that is balanced, economically sustainable, and politically viable. Helm shows why the commonly held view that environmental protection poses obstacles to economic progress is false, and he explains why the environment must be at the very core of economic planning. He presents the first real attempt to calibrate, measure, and value natural capital from an economic perspective and goes on to outline a stable new framework for sustainable growth. Bristling with ideas of immediate global relevance, Helm’s book shifts the parameters of current environmental debate. As inspiring as his trailblazing The Carbon Crunch, this volume will be essential reading for anyone concerned with reversing the headlong destruction of our environment.

Valuing Nature

Author : William Ginn
Publisher : Island Press
ISBN 13 : 1642830917
Total Pages : 242 pages
Book Rating : 4.6/5 (428 download)

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Book Synopsis Valuing Nature by : William Ginn

Download or read book Valuing Nature written by William Ginn and published by Island Press. This book was released on 2020-05-21 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the world faces unprecedented challenges such as climate change and biodiversity loss, the resources needed far outstrip the capabilities of nonprofits and even governments. Yet there are seeds of hope—and much of that hope comes from the efforts of the private sector. Impact investing is rapidly becoming an essential tool, alongside philanthropy and government funding, in tackling these major problems. Valuing Nature presents a new set of nature-based investment areas to help conservationists and investors work together. NatureVest founder William Ginn outlines the emerging private sector investing opportunities in natural assets such as green infrastructure, forests, soils, and fisheries. The first part of Valuing Nature examines the scope of nature-based impact investing while also presenting a practical overview of its limitations and the challenges facing the private sector. The second part of the book offers tools for investors and organizations to consider as they develop their own projects and tips on how nonprofits can successfully navigate this new space. Case studies from around the world demonstrate how we can use private capital to achieve more sustainable uses of our natural resources without the unintended consequences plaguing so many of our current efforts. Valuing Nature provides a roadmap for conservation professionals, nonprofit managers, and impact investors seeking to use market-based strategies to improve the management of natural systems.

Valuing Natural Capital

Author : Dr Dorothy Maxwell
Publisher : Do Sustainability
ISBN 13 : 1910174459
Total Pages : 97 pages
Book Rating : 4.9/5 (11 download)

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Book Synopsis Valuing Natural Capital by : Dr Dorothy Maxwell

Download or read book Valuing Natural Capital written by Dr Dorothy Maxwell and published by Do Sustainability. This book was released on 2015-04-02 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies that will succeed in the long-term are integrating natural and social capital into their business model now. Natural capital, the resources and critical support services nature provides, underpins our entire global economy. Yet despite its vast social and economic value, the many benefits of natural capital are often assumed to be 'free'. The future shock for business is the potential for profit to be wiped out as natural capital is internalized through regulation and markets. Freshwater, forests and biodiversity are being consumed at an alarming rate, and critical support systems such as the ability to regulate climate are failing. As these and other sustainability challenges develop, businesses and their investors need to understand their role in maintaining natural capital and their natural capital risks and opportunities. The language of finance provides a useful approach for communicating trade-offs and prioritizing sustainability at CFO, CEO and board level: companies who 'future-proof' now will position themselves to thrive in a resource-constrained world. They will mitigate risk, secure their resource supplies, create long-term value and enhance their resilience, reputation and competitive advantage. This book provides a succinct introduction to natural capital: what natural capital is and how it links to other capitals; the business case for using it in decision-making; where natural capital accounting and valuation fit in the sustainability and financial toolbox; and what real life early adopters of natural capital in business are doing. Views from natural capital leaders across business, finance, accounting, government, research and NGO communities illustrate the theory with practice. Included: Quotes and case examples from CFOs, CEOs and Heads of Sustainability in early adopter businesses (Kingfisher Group, Dow Chemical Company, The Crown Estate, Patagonia®, United Utilities and Marks & Spencer) and financial institutions (Inter-American Development Bank, Citi Group and Credit Suisse).

Natural Capital

Author : Peter Kareiva
Publisher : Oxford University Press
ISBN 13 : 0199588996
Total Pages : 395 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis Natural Capital by : Peter Kareiva

Download or read book Natural Capital written by Peter Kareiva and published by Oxford University Press. This book was released on 2011-04-07 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2005, The Millennium Ecosystem Assessment (MA) provided the first global assessment of the world's ecosystems and ecosystem services. It concluded that recent trends in ecosystem change threatened human wellbeing due to declining ecosystem services. This bleak prophecy has galvanized conservation organizations, ecologists, and economists to work toward rigorous valuations of ecosystem services at a spatial scale and with a resolution that can inform public policy. The editors have assembled the world's leading scientists in the fields of conservation, policy analysis, and resource economics to provide the most intensive and best technical analyses of ecosystem services to date. A key idea that guides the science is that the modelling and valuation approaches being developed should use data that are readily available around the world. In addition, the book documents a toolbox of ecosystem service mapping, modeling, and valuation models that both The Nature Conservancy and the World Wide Fund for Nature (WWF) are beginning to apply around the world as they transform conservation from a biodiversity only to a people and ecosystem services agenda. The book addresses land, freshwater, and marine systems at a variety of spatial scales and includes discussion of how to treat both climate change and cultural values when examining tradeoffs among ecosystem services.

Valuing Nature

Author : Robert Fish
Publisher : CRC Press
ISBN 13 : 1000428567
Total Pages : 144 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Valuing Nature by : Robert Fish

Download or read book Valuing Nature written by Robert Fish and published by CRC Press. This book was released on 2022-11-11 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: When a group of liberal arts students embark on a university assignment about the natural environment, no one could have quite prepared them for the bewildering array of questions and provocations to confront them in their task. What starts out as an earnest attempt to understand nature in the modern world, turns into a philosophical and practical tangle that only a good transdisciplinary education can provide. Can anyone save the day and actually start to value ‘nature’? And if they can’t, then what’s stopping them? The idea of ‘valuing nature’ harmonises diverse areas of natural resource management and is an important dimension of scientific and practical work concerned with managing ecosystems and habitats for sustainability. This graphic book takes the reader on an exploration of the issues that arise from this growing interest and concern in the valuation of nature. Set around the premise of a ‘motley’ group of undergraduates endeavouring to complete a university assignment on ‘nature in the modern world’, the book explores: the many and diverse meanings people assign to nature the different ways the relationship between people and nature might be characterised the many values systems people hold for the natural world the options and approaches society can deploy to manage it the extent to which we need entirely new economic systems to protect and sustain nature. This highly interdisciplinary book invites consideration of a range of philosophical and applied debates and questions. Written in an accessible style, it is an ideal undergraduate text in the fields of ecology, human and physical geography, conservation science, environment, social science and spatial planning, as well as a general primer for graduate natural and social scientists embarking on interdisciplinary research in the natural resource management arena.

Restoring Natural Capital

Author : James Aronson
Publisher : Island Press
ISBN 13 : 1597267791
Total Pages : 400 pages
Book Rating : 4.5/5 (972 download)

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Book Synopsis Restoring Natural Capital by : James Aronson

Download or read book Restoring Natural Capital written by James Aronson and published by Island Press. This book was released on 2012-09-26 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can environmental degradation be stopped? How can it be reversed? And how can the damage already done be repaired? The authors of this volume argue that a two-pronged approach is needed: reducing demand for ecosystem goods and services and better management of them, coupled with an increase in supply through environmental restoration. Restoring Natural Capital brings together economists and ecologists, theoreticians, practitioners, policy makers, and scientists from the developed and developing worlds to consider the costs and benefits of repairing ecosystem goods and services in natural and socioecological systems. It examines the business and practice of restoring natural capital, and seeks to establish common ground between economists and ecologists with respect to the restoration of degraded ecosystems and landscapes and the still broader task of restoring natural capital. The book focuses on developing strategies that can achieve the best outcomes in the shortest amount of time as it: • considers conceptual and theoretical issues from both an economic and ecological perspective • examines specific strategies to foster the restoration of natural capital and offers a synthesis and a vision of the way forward Nineteen case studies from around the world illustrate challenges and achievements in setting targets, refining approaches to finding and implementing restoration projects, and using restoration of natural capital as an economic opportunity. Throughout, contributors make the case that the restoration of natural capital requires close collaboration among scientists from across disciplines as well as local people, and when successfully executed represents a practical, realistic, and essential tool for achieving lasting sustainable development.

Debating Nature's Value

Author : Victor Anderson
Publisher : Springer
ISBN 13 : 3319992449
Total Pages : 126 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Debating Nature's Value by : Victor Anderson

Download or read book Debating Nature's Value written by Victor Anderson and published by Springer. This book was released on 2019-01-21 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of 'Natural Capital' has come to play a central role in current debates about biodiversity and nature conservation. It implies an approach to the natural world based on the valuation of places and species in terms of money. This is, in a variety of ways, both attractive and problematic. This edited collection comprehensively discusses the issues raised by the concept of 'Natural Capital', with contributors presenting not only arguments for and against the widespread adoption of the idea, but also viewpoints arguing for nuanced, pragmatic and middle-ground positions.

Green Growth That Works

Author : Lisa Ann Mandle
Publisher :
ISBN 13 : 1642830038
Total Pages : 334 pages
Book Rating : 4.6/5 (428 download)

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Book Synopsis Green Growth That Works by : Lisa Ann Mandle

Download or read book Green Growth That Works written by Lisa Ann Mandle and published by . This book was released on 2019-09-12 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapid economic development has been a boon to human well-being, but comes at a significant cost to the fertile soils, forests, coastal marshes, and farmland that support all life on earth. If ecosystems collapse, so eventually will human civilization. One solution is inclusive green growth--the efficient use of natural resources. Its genius lies in working with nature rather than against it. Green Growth That Works is the first practical guide to bring together pragmatic finance and policy tools that can make investment in natural capital both attractive and commonplace. Pioneered by leading scholars from the Natural Capital Project, this valuable compendium of proven techniques can guide agencies and organizations eager to make green growth work anywhere in the world.

Valuing Natural Capital

Author : Dorothy Maxwell
Publisher : Routledge
ISBN 13 : 1351274228
Total Pages : 119 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Valuing Natural Capital by : Dorothy Maxwell

Download or read book Valuing Natural Capital written by Dorothy Maxwell and published by Routledge. This book was released on 2017-09-08 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies that will succeed in the long-term are integrating natural and social capital into their business model now. Natural capital, the resources and critical support services nature provides, underpins our entire global economy. Yet despite its vast social and economic value, the many benefits of natural capital are often assumed to be "free". The future shock for business is the potential for profit to be wiped out as natural capital is internalized through regulation and markets. Freshwater, forests and biodiversity are being consumed at an alarming rate, and critical support systems such as the ability to regulate climate are failing. As these and other sustainability challenges develop, businesses and their investors need to understand their role in maintaining natural capital and their natural capital risks and opportunities. The language of finance provides a useful approach for communicating trade-offs and prioritizing sustainability at CFO, CEO and board level: companies who "future-proof" now will position themselves to thrive in a resource-constrained world. They will mitigate risk, secure their resource supplies, create long-term value and enhance their resilience, reputation and competitive advantage. This book provides a succinct introduction to natural capital: what natural capital is and how it links to other capitals; the business case for using it in decision-making; where natural capital accounting and valuation fit in the sustainability and financial toolbox; and what real life early adopters of natural capital in business are doing. Views from natural capital leaders across business, finance, accounting, government, research and NGO communities illustrate the theory with practice. Included: Quotes and case examples from CFOs, CEOs and Heads of Sustainability in early adopter businesses (Kingfisher Group, Dow Chemical Company, The Crown Estate, Patagonia®, United Utilities and Marks & Spencer) and financial institutions (Inter-American Development Bank, Citi Group and Credit Suisse).

Handbook of Environmental Economics

Author :
Publisher : Elsevier
ISBN 13 : 0444537732
Total Pages : 498 pages
Book Rating : 4.4/5 (445 download)

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Book Synopsis Handbook of Environmental Economics by :

Download or read book Handbook of Environmental Economics written by and published by Elsevier. This book was released on 2018-10-17 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook in Environmental Economics, Volume 4, the latest in this ongoing series, highlights new advances in the field, with this new volume presenting timely chapters on Modeling Ecosystems and Economic Systems, Framing Sustainability Policy Questions: Who Leads – Ecology or Economics?, Valuing Natural Capital Within an Integrated Economic Ecological, Developing Economies, Urbanization, Climate Change and Health, Viewing Environmental Policy Instruments for Domestic and International Perspective, Quasi experimental Estimation of Environmental Policies, Environment Macro, The Rules for Formal and Informal Institutions in Managing Environmental Resources, and How Should Uncertainty Be Integrated into the Methods for Policy Evaluation? Answers key policy questions facing environmental agencies in developed and developing economies Integrates insights from economics and ecology as part of several key chapters Presents the latest on efforts to review and evaluate the new literatures on field and quasi experiments in environmental economics Provides the first substantive review of environmental macro economics

Greener Products

Author : Al Iannuzzi
Publisher : CRC Press
ISBN 13 : 1439854319
Total Pages : 225 pages
Book Rating : 4.4/5 (398 download)

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Book Synopsis Greener Products by : Al Iannuzzi

Download or read book Greener Products written by Al Iannuzzi and published by CRC Press. This book was released on 2011-11-08 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the global demand for natural and organic products continues to grow, making and marketing greener products is becoming an imperative. The old stereotype of green products’ sub-par performance has been shattered as large multinational corporations prove that you can develop and win in the marketplace with a naturals-based product platform. And the pull for sustainably minded products is not limited to consumer marketing—business-to-business marketing of greener products has also increased due to customer demand from all business sectors. The Case for Greener Products Making a compelling business case for why companies must provide greener, more sustainable products, Greener Products: The Making and Marketing of Sustainable Brands shares best practices for the design and marketing of greener products. The book examines ecosystem and regulatory pressures as well as market pressures from customers—consumers, business customers, and government purchasers—who have created a demand on manufacturers to bring more sustainable brands to market. How Are Greener Products Made? Through case studies of green design from companies such as GE (EcomaginationTM), Timberland (Green Index®), Philips, Apple Inc., Seventh Generation, Procter & Gamble, BASF, and others, the author explores initiatives in areas ranging from product design, sustainable sourcing, and packaging to energy efficiency, recycling, and end-of-life management. A contribution from guest author James A. Fava, one of the leading thinkers and practitioners in developing greener products, presents a toolbox of environmental management systems, programs, and tools for the development of greener products. Three Keys to Successful Green Marketing Campaigns Providing the backbone for the author’s analysis of green marketing, a contribution from guest authors Lee Ann Head, Karen Barnes, and Suzanne Shelton of the Shelton Group analyzes market trend data and helps marketers understand their customers and what moves them. The author then looks more closely at drivers for green marketing, outlining three keys for successful green marketing campaigns and using them to evaluate the approaches of several leading companies. He also offers advice on how to avoid "greenwashing," create successful cause-marketing partnerships, and use eco-labels wisely. Throughout the book, the author shares best practices and lessons learned from leaders in the field across various industry sectors. Written by the senior director of product stewardship for Johnson & Johnson, this timely book offers real-world experience, valuable insights, and practical tools for the effective design and marketing of greener products. The Best Days of Green Marketing Are Still Ahead See what Al Iannuzzi has to say about making and marketing greener products in an interview at Greenbiz.com.

Collateral Values

Author : Todd R. Lookingbill
Publisher : Springer
ISBN 13 : 3030189910
Total Pages : 274 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Collateral Values by : Todd R. Lookingbill

Download or read book Collateral Values written by Todd R. Lookingbill and published by Springer. This book was released on 2019-07-30 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the unanticipated benefits that may arise after wars and conflicts, showing how the preservation of battlefields and the establishment of borderlands can create natural capital in the former landscapes of war. The editors call this Collateral Value, in contrast to the collateral damage that war inflicts upon infrastructure, natural capital, and human capital. The book includes case studies recounting successes and failures, opportunities and risks, and ambitious proposals. The book is organized in two sections. The first visits U.S., English, and French battlefield sites dating from medieval England to World War I. The second explores borderlands located on several continents, established to end or prevent conflict. Both of these can create value beyond their original purpose, by preserving natural areas and restoring biodiversity. Among the topics covered are: · Registering English Battlefields · Old forts and new amenities in the Southern Plains of the U.S. · Verdun, France, and the conservation of WWI cultural and natural heritage · Conservation lessons learned in the Cordillera del Condor Corridor of the Andes mountains · Korea’s DMZ and its nature preserve · Wakhan National Park, a mountainous buffer area between Afghanistan and Pakistan The book examines state-of-the-art applications of landscape ecology, including methods for change detection, connectivity analysis, and the quantification of ecosystem services. Also included is a chapter on a creative proposal for “Guantánamo 2.0,” which would transform the Gitmo detention facility into a peace park and ecological research center. A concluding chapter appraises the past, present, and future of Collateral Values. Collateral Values: The Natural Capital Created by Landscapes of War benefits a broad audience of advanced undergraduate and graduate students, researchers, and practicing professionals.

The Water Paradox

Author : Ed Barbier
Publisher : Yale University Press
ISBN 13 : 0300240570
Total Pages : 295 pages
Book Rating : 4.3/5 (2 download)

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Book Synopsis The Water Paradox by : Ed Barbier

Download or read book The Water Paradox written by Ed Barbier and published by Yale University Press. This book was released on 2019-02-26 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: A radical new approach to tackling the growing threat of water scarcity Water is essential to life, yet humankind’s relationship with water is complex. For millennia, we have perceived it as abundant and easily accessible. But water shortages are fast becoming a persistent reality for all nations, rich and poor. With demand outstripping supply, a global water crisis is imminent. In this trenchant critique of current water policies and practices, Edward Barbier argues that our water crisis is as much a failure of water management as it is a result of scarcity. Outdated governance structures and institutions, combined with continual underpricing, have perpetuated the overuse and undervaluation of water and disincentivized much-needed technological innovation. As a result “water grabbing” is on the rise, and cooperation to resolve these disputes is increasingly fraught. Barbier draws on evidence from countries across the globe to show the scale of the problem, and outlines the policy and management solutions needed to avert this crisis.

Nature’s Contributions to People: On the Relation Between Valuations and Actions

Author : Marie Stenseke
Publisher : Frontiers Media SA
ISBN 13 : 2889712346
Total Pages : 100 pages
Book Rating : 4.8/5 (897 download)

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Book Synopsis Nature’s Contributions to People: On the Relation Between Valuations and Actions by : Marie Stenseke

Download or read book Nature’s Contributions to People: On the Relation Between Valuations and Actions written by Marie Stenseke and published by Frontiers Media SA. This book was released on 2021-08-26 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Perspectives on Biodiversity

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 030906581X
Total Pages : 166 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Perspectives on Biodiversity by : National Research Council

Download or read book Perspectives on Biodiversity written by National Research Council and published by National Academies Press. This book was released on 1999-10-01 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Resource-management decisions, especially in the area of protecting and maintaining biodiversity, are usually incremental, limited in time by the ability to forecast conditions and human needs, and the result of tradeoffs between conservation and other management goals. The individual decisions may not have a major effect but can have a cumulative major effect. Perspectives on Biodiversity reviews current understanding of the value of biodiversity and the methods that are useful in assessing that value in particular circumstances. It recommends and details a list of components-including diversity of species, genetic variability within and among species, distribution of species across the ecosystem, the aesthetic satisfaction derived from diversity, and the duty to preserve and protect biodiversity. The book also recommends that more information about the role of biodiversity in sustaining natural resources be gathered and summarized in ways useful to managers. Acknowledging that decisions about biodiversity are necessarily qualitative and change over time because of the nonmarket nature of so many of the values, the committee recommends periodic reviews of management decisions.

Nature's Fortune

Author : Mark R. Tercek
Publisher : Basic Books
ISBN 13 : 0465046967
Total Pages : 272 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Nature's Fortune by : Mark R. Tercek

Download or read book Nature's Fortune written by Mark R. Tercek and published by Basic Books. This book was released on 2013-04-09 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is nature worth? The answer to this question—which traditionally has been framed in environmental terms—is revolutionizing the way we do business. In Nature's Fortune, Mark Tercek, CEO of The Nature Conservancy and former investment banker, and science writer Jonathan Adams argue that nature is not only the foundation of human well-being, but also the smartest commercial investment any business or government can make. The forests, floodplains, and oyster reefs often seen simply as raw materials or as obstacles to be cleared in the name of progress are, instead, as important to our future prosperity as technology or law or business innovation. Who invests in nature, and why? What rates of return can it produce? When is protecting nature a good investment? With stories from the South Pacific to the California coast, from the Andes to the Gulf of Mexico and even to New York City, Nature's Fortune shows how viewing nature as green infrastructure allows for breakthroughs not only in conservation—protecting water supplies; enhancing the health of fisheries; making cities more sustainable, livable and safe; and dealing with unavoidable climate change—but in economic progress, as well. Organizations obviously depend on the environment for key resources—water, trees, and land. But they can also reap substantial commercial benefits in the form of risk mitigation, cost reduction, new investment opportunities, and the protection of assets. Once leaders learn how to account for nature in financial terms, they can incorporate that value into the organization's decisions and activities, just as habitually as they consider cost, revenue, and ROI. Such a rethinking of “natural capital”—nature as a quantifiable asset—can not only increase profitability, but provide crucial protection against the kinds of climate change-driven phenomena—like devastating drought and hundred-year floods—that are no longer the stuff of speculation. A must-read for business leaders, CEOs, investors, and environmentalists alike, Nature's Fortune offers an essential guide to the world's economic—and environmental—well-being.

The Economics of Ecosystems and Biodiversity: Ecological and Economic Foundations

Author : Pushpam Kumar
Publisher : Taylor & Francis
ISBN 13 : 1136538801
Total Pages : 454 pages
Book Rating : 4.1/5 (365 download)

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Book Synopsis The Economics of Ecosystems and Biodiversity: Ecological and Economic Foundations by : Pushpam Kumar

Download or read book The Economics of Ecosystems and Biodiversity: Ecological and Economic Foundations written by Pushpam Kumar and published by Taylor & Francis. This book was released on 2012-12-20 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human well-being relies critically on ecosystem services provided by nature. Examples include water and air quality regulation, nutrient cycling and decomposition, plant pollination and flood control, all of which are dependent on biodiversity. They are predominantly public goods with limited or no markets and do not command any price in the conventional economic system, so their loss is often not detected and continues unaddressed and unabated. This in turn not only impacts human well-being, but also seriously undermines the sustainability of the economic system. It is against this background that TEEB: The Economics of Ecosystems and Biodiversity project was set up in 2007 and led by the United Nations Environment Programme to provide a comprehensive global assessment of economic aspects of these issues. This book, written by a team of international experts, represents the scientific state of the art, providing a comprehensive assessment of the fundamental ecological and economic principles of measuring and valuing ecosystem services and biodiversity, and showing how these can be mainstreamed into public policies. This volume and subsequent TEEB outputs will provide the authoritative knowledge and guidance to drive forward the biodiversity conservation agenda for the next decade.