Nature in the Balance : The Economics of Biodiversity

This book sets out the building blocks of an economic approach to biodiversity, and in particular brings together conceptual and empirical work on valuation, international agreements, the policy instruments, and the institutions. The objective is to provide a comprehensive overview of the issues and evidence, and to suggest how this very urgent problem should be addressed. Whilst there has been an enormous growth and research focus on climate change, less attention has been paid to biodiversity. This collection of high-quality chapters addresses the economic issues involved in biodiversity protection. This book focuses on the economics, but incorporates the underpinning science and philosophy, combining the application of a number of theoretical ideas with a series of policy cases. The authors are drawn from leading scholars in their specific areas of economics, philosophy, and conservation biology. This Book Sets Out The Building Blocks Of An Economic Approach To Biodiversity, And In Particular Brings Together Conceptual And Empirical Work On Valuation, International Agreements, The Policy Instruments, And The Institutions. The Objective Is To Provide A Comprehensive Overview Of The Issues And Evidence, And To Suggest How This Very Urgent Problem Should Be Addressed. This Collection Of High-quality Chapters Addresses The Economic Issues Involved In Biodiversity Protection. This Book Focuses On The Economics, But Incorporates The Underpinning Science And Philosophy, Combining The Application Of A Number Of Theoretical Ideas With A Series Of Policy Cases. The Authors Are Drawn From Leading Scholars In Their Specific Areas Of Economics, Philosophy, And Conservation Biology.--cover. Introduction -- The Economic Analysis Of Biodiversity -- Pt. I. Concepts And Measurement -- Biodiversity : Its Meanings, Roles, And Status -- Identifying And Mapping Biodiversity : Where Can We Damage? -- The Uk National Ecosystem Assessment : Valuing Changes In Ecosystem Services -- Pt. Ii. Valuing Biodiversity -- Valuing Ecosystem Services And Biodiversity -- The Economics Of Ecosystems And Biodiversity (teeb) : Challenges And Responses -- Pt. Iii. Natural Capital And Accounting -- Natural Capital -- Biodiversity And National Accounting -- Pt. Iv. International And Development Aspects -- Biodiversity, Poverty, And Development : A Review -- Regulating Global Biodiversity : What Is The Problem? -- Pt. V. Policy Instruments And Incentives -- Do Biodiversity Policies Work? The Case For Conservation Evaluation 2.0 -- Are Investments To Promote Biodiversity Conservation And Ecosystem Services Aligned? -- Incentives, Private Ownership, And Biodiversity Conservation -- On The Potential For Speculation To Threaten Biodiversity Loss. Edited By Dieter Helm And Cameron Hepburn. Includes Bibliographical References (pages 361-407) And Index. This book addresses the economic and policy issues involved in biodiversity protection. It brings together conceptual and empirical work on valuation, international agreements, the policy instruments, and the institutions.