2010
DOI: 10.1016/j.ecolecon.2009.11.009
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Ecosystem services: From eye-opening metaphor to complexity blinder

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Cited by 825 publications
(531 citation statements)
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References 35 publications
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“…Thus, at Rio+20 the Natural Capital Declaration was launched as a financial sector, CEO endorsed, initiative to mainstream natural capital into loans, bonds, equities and insurance, as well as accounting and reporting frameworks; internationally 44 financial institutions are signatories. This provision of financial rewards is presumed to outweigh the numerous problems associated with the use of biodiversity offsets (Spash, 2014;Sullivan, 2013) and ecosystem services (Gomez-Baggethun and Ruiz-Perez, 2011;Redford and Adams, 2009), and their orientation towards the continued expansion of economic growth, capital accumulation and financial markets (Norgaard, 2010;Spangenberg and Settele, 2010).…”
Section: A Developing Pragmatic Financial Discoursementioning
confidence: 99%
“…Thus, at Rio+20 the Natural Capital Declaration was launched as a financial sector, CEO endorsed, initiative to mainstream natural capital into loans, bonds, equities and insurance, as well as accounting and reporting frameworks; internationally 44 financial institutions are signatories. This provision of financial rewards is presumed to outweigh the numerous problems associated with the use of biodiversity offsets (Spash, 2014;Sullivan, 2013) and ecosystem services (Gomez-Baggethun and Ruiz-Perez, 2011;Redford and Adams, 2009), and their orientation towards the continued expansion of economic growth, capital accumulation and financial markets (Norgaard, 2010;Spangenberg and Settele, 2010).…”
Section: A Developing Pragmatic Financial Discoursementioning
confidence: 99%
“…Yet these are not the only land-related paradigms of importance. The discourse on the use of land for environmental services under the climate change regime has gained significant traction although its presence in new international rules is yet t codified it remains problematic (Norgaard 2010). We also see an unfolding struggle to cre international rights such as the right of indigenous people and peasants to land (Jones 2011;Xanthaki 2010).…”
Section: Land As a Global Governance Issuementioning
confidence: 99%
“…According to ecological economists, the concept of ecosystem services popularized by Daily (1997) and Costanza et al (1997) was originally supposed to be a way of communicating the idea of 'nature as a fixed stock of capital that can sustain a limited flow of ecosystem services', but which cannot sustain unlimited economic growth (Norgaard 2010). The term was used to raise awareness of how dependent humans are on healthy ecosystems, however over time it became a dominant paradigm for approaching environmental management and policy.…”
Section: Ecosystem Servicesmentioning
confidence: 99%
“…The term was used to raise awareness of how dependent humans are on healthy ecosystems, however over time it became a dominant paradigm for approaching environmental management and policy. There has been an 'exponential rise in the use of the term 'ecosystem services' in academic journals' and an 'industry of professionals providing advice on ecosystem services' has flourished (Norgaard 2010).…”
Section: Ecosystem Servicesmentioning
confidence: 99%