The Economics of Ecosystems and Biodiversity (TEEB): Challenges and Responses

Sukhdev, Pavan; Wittmer, Heidi; Miller, D. R.

doi:10.1093/acprof:oso/9780199676880.003.0007

Cited by 135 publications

(138 citation statements)

References 0 publications

Supporting

Mentioning

111

Contrasting

Unclassified

Order By: Relevance

“…The "willingness to accept" approach determines how much someone is willing to give up for a change in obtaining a certain ecosystem good or service [3]. Thus, the key outcome of valuation studies is to illustrate the importance of a healthy ecosystem for socio-economic prosperity and to monetize the gains that one may achieve or lose due to a change in ecosystem services [28].…”

Section: Valuation Of Ecosystem Servicesmentioning

confidence: 99%

Quantifying Economic Value of Coastal Ecosystem Services: A Review

Mehvar

Filatova

Dastgheib

et al. 2018

JMSE

141

View full text Add to dashboard Cite

Abstract:The complexity of quantifying ecosystem services in monetary terms has long been a challenging issue for economists and ecologists. Many case specific valuation studies have been carried out in various parts of the World. Yet, a coherent review on the valuation of coastal ecosystem services (CES), which systematically describes fundamental concepts, analyzes reported applications, and addresses the issue of climate change (CC) impacts on the monetary value of CES is still lacking. Here, we take a step towards addressing this knowledge gap by pursuing a coherent review that aims to provide policy makers and researchers in multidisciplinary teams with a summary of the state-of-the-art and a guideline on the process of economic valuation of CES and potential changes in these values due to CC impacts. The article highlights the main concepts of CES valuation studies and offers a systematic analysis of the best practices by analyzing two global scale and 30 selected local and regional case studies, in which different CES have been valued. Our analysis shows that coral reefs and mangroves are among the most frequently valued ecosystems, while sea-grass beds are the least considered ones. Currently, tourism and recreation services as well as storm protection are two of the most considered services representing higher estimated value than other CES. In terms of the valuation techniques used, avoided damage, replacement and substitute cost method as well as stated preference method are among the most commonly used valuation techniques. Following the above analysis, we propose a methodological framework that provides step-wise guidance and better insight into the linkages between climate change impacts and the monetary value of CES. This highlights two main types of CC impacts on CES: one being the climate regulation services of coastal ecosystems, and the other being the monetary value of services, which is subject to substantial uncertainty. Finally, a systematic four-step approach is proposed to effectively monetize potential CC driven variations in the value of CES.

show abstract

Section: Valuation Of Ecosystem Servicesmentioning

confidence: 99%

Quantifying Economic Value of Coastal Ecosystem Services: A Review

Mehvar

Filatova

Dastgheib

et al. 2018

JMSE

141

View full text Add to dashboard Cite

show abstract

“…Measuring or valuing resilience in drylands, however, is a difficult task because landscape-level effects in response to certain shocks are difficult to predict and measure. Sukhdev, Wittmer, and Miller (2014) explain that ecosystem transitions and responses to shocks can be non-linear, which makes valuing landscape-level benefits difficult to model. In addition with an increase in the geographic area, the number of ecosystems (or land-cover types and land users) and the social, economic, and ecological interactions among them usually increases, making the overall system more complex and difficult to assess.…”

Section: Integrated Landscape Management Benefits and Resiliencementioning

confidence: 99%

“…Frequently, resilience is measured by the assets and resources available to a given area that can be mobilized to deal with shocks and stresses (Sukhdev, Wittmer, and Miller 2014;Global Risk Forum 2013). These assets and resources are categorized into one of five sources of capital: human, physical, natural, financial, and social.…”

Section: Integrated Landscape Management Benefits and Resiliencementioning

confidence: 99%

Integrated Landscape Approaches for Africa’s Drylands

Gray¹,

Henninger²,

Reij³

et al. 2016

View full text Add to dashboard Cite

The text of this conference edition is a work in progress for the forthcoming book, Integrated Landscape Approaches for Africa's Drylands (doi: 10.1596/978-1-4648-0826-5). A PDF of the final book, once published, will be available at https://openknowledge.worldbank.org/ and print copies can be ordered at www.amazon.com. Please use the final version of the book for citation, reproduction and adaptation purposes. This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.Nothing herein shall constitute or be considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved. Rights and PermissionsThis work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) http:// creativecommons.org/licenses/by/3.0/igo. Under the Creative Commons Attribution license, you are free to copy, distribute, transmit, and adapt this work, including for commercial purposes, under the following conditions: Third-party content-The World Bank does not necessarily own each component of the content contained within the work. The World Bank therefore does not warrant that the use of any thirdparty-owned individual component or part contained in the work will not infringe on the rights of those third parties. The risk of claims resulting from such infringement rests solely with you. If you wish to re-use a component of the work, it is your responsibility to determine whether permission is needed for that re-use and to obtain permission from the copyright owner. Examples of components can include, but are not limited to, tables, figures, or images. Attribution-PleaseAll queries on rights and licenses should be addressed to the Publishing and Knowledge Division, The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: pubrights@worldbank.org. Drylands-defined here to include arid, semi-arid, and dry sub-humid zonesare at the core of Africa's development challenge. Drylands make up 43 percent of the region's land surface, account for 75 percent of the area used for agriculture, and are home to 50 percent of the population, including a disproportionate share of the poor. Due to complex factors, the economic, social, political, and environmental vulnerability in Africa's drylands is high and rising, jeopardizing the long-term livelihood prospects for hundreds of millions of people. Climate change, which is expected to increase the frequency and severity of extreme weather events, will ...

show abstract

“…For example, the UN Millennium Ecosystem Assessment [17] was a global update and compendium of ecosystem services and their contributions to human well-being. The Economics of Ecosystems and Biodiversity (TEEB) Synthesis report [18] is a more recent contribution to this rapidly increasing field of study and policy. So, if we want to assess the "real" economy-all the things that contribute to real, sustainable, human well-being-as opposed to only the "market" economy, we have to measure and include the non-marketed contributions to human well-being from nature; from family, friends, and other social relationships at many scales; and from health and education.…”

Section: Growth In Materials Consumptionmentioning

confidence: 99%