An evaluation of monetary and non-monetary techniques for assessing the importance of biodiversity and ecosystem services to people in countries with developing economies

Mike Christie; Ioan Fazey; Rob Cooper; Tony Hyde; Jasper O. Kenter

doi:10.1016/j.ecolecon.2012.08.012

An evaluation of monetary and non-monetary techniques for assessing the importance of biodiversity and ecosystem services to people in countries with developing economies

Mike Christie, Ioan Fazey, Rob Cooper, Tony Hyde, Jasper O. Kenter

Research output: Contribution to journal › Article › peer-review

282 Citations (Scopus)

Abstract

Biodiversity supports a range of ecosystems services that are of fundamental importance to people in poor countries. Economic valuation of biodiversity is important for the development of policies that protect biodiversity and alleviate poverty. This paper provides an evaluation of monetary and non-monetary techniques for assessing the value of biodiversity to people in least developed countries (LDCs). Specifically, research questions include:

1) To what extent have monetary and non-monetary techniques been used to assess the value of biodiversity and ecosystem services in LDCs?

2) What are the key methodological, practical, epistemological and policy challenges to assessing the value of biodiversity and ecosystem services in LDCs?

Original language	English
Pages (from-to)	67-78
Number of pages	12
Journal	Ecological Economics
Volume	83
DOIs	https://doi.org/10.1016/j.ecolecon.2012.08.012
Publication status	Published - Nov 2012

Keywords

CONSERVATION MANAGERS
CITIZENS JURIES
Environmental valuation
LOCAL PEOPLE
Biodiversity
INDIVIDUAL INTERVIEWS
Participatory approaches
FOCUS GROUPS
NONMARKET BENEFITS
Poverty alleviation
Ecosystem services
CONTINGENT VALUATION SURVEYS
Deliberative valuation
WILLINGNESS-TO-PAY
EMPIRICAL-EVIDENCE
Developing countries
ENVIRONMENTAL VALUATION

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.ecolecon.2012.08.012

Cite this

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title = "An evaluation of monetary and non-monetary techniques for assessing the importance of biodiversity and ecosystem services to people in countries with developing economies",

abstract = "Biodiversity supports a range of ecosystems services that are of fundamental importance to people in poor countries. Economic valuation of biodiversity is important for the development of policies that protect biodiversity and alleviate poverty. This paper provides an evaluation of monetary and non-monetary techniques for assessing the value of biodiversity to people in least developed countries (LDCs). Specifically, research questions include:1) To what extent have monetary and non-monetary techniques been used to assess the value of biodiversity and ecosystem services in LDCs?2) What are the key methodological, practical, epistemological and policy challenges to assessing the value of biodiversity and ecosystem services in LDCs?3) How can valuation methods be improved to allow more accurate valuation in LDCs? (C) 2012 Elsevier B.V. All rights reserved.",

keywords = "CONSERVATION MANAGERS, CITIZENS JURIES, Environmental valuation, LOCAL PEOPLE, Biodiversity, INDIVIDUAL INTERVIEWS, Participatory approaches, FOCUS GROUPS, NONMARKET BENEFITS, Poverty alleviation, Ecosystem services, CONTINGENT VALUATION SURVEYS, Deliberative valuation, WILLINGNESS-TO-PAY, EMPIRICAL-EVIDENCE, Developing countries, ENVIRONMENTAL VALUATION",

author = "Mike Christie and Ioan Fazey and Rob Cooper and Tony Hyde and Kenter, {Jasper O.}",

year = "2012",

month = nov,

doi = "10.1016/j.ecolecon.2012.08.012",

language = "English",

volume = "83",

pages = "67--78",

journal = "Ecological Economics",

issn = "0921-8009",

publisher = "Elsevier",

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TY - JOUR

T1 - An evaluation of monetary and non-monetary techniques for assessing the importance of biodiversity and ecosystem services to people in countries with developing economies

AU - Christie, Mike

AU - Fazey, Ioan

AU - Cooper, Rob

AU - Hyde, Tony

AU - Kenter, Jasper O.

PY - 2012/11

Y1 - 2012/11

N2 - Biodiversity supports a range of ecosystems services that are of fundamental importance to people in poor countries. Economic valuation of biodiversity is important for the development of policies that protect biodiversity and alleviate poverty. This paper provides an evaluation of monetary and non-monetary techniques for assessing the value of biodiversity to people in least developed countries (LDCs). Specifically, research questions include:1) To what extent have monetary and non-monetary techniques been used to assess the value of biodiversity and ecosystem services in LDCs?2) What are the key methodological, practical, epistemological and policy challenges to assessing the value of biodiversity and ecosystem services in LDCs?3) How can valuation methods be improved to allow more accurate valuation in LDCs? (C) 2012 Elsevier B.V. All rights reserved.

AB - Biodiversity supports a range of ecosystems services that are of fundamental importance to people in poor countries. Economic valuation of biodiversity is important for the development of policies that protect biodiversity and alleviate poverty. This paper provides an evaluation of monetary and non-monetary techniques for assessing the value of biodiversity to people in least developed countries (LDCs). Specifically, research questions include:1) To what extent have monetary and non-monetary techniques been used to assess the value of biodiversity and ecosystem services in LDCs?2) What are the key methodological, practical, epistemological and policy challenges to assessing the value of biodiversity and ecosystem services in LDCs?3) How can valuation methods be improved to allow more accurate valuation in LDCs? (C) 2012 Elsevier B.V. All rights reserved.

KW - CONSERVATION MANAGERS

KW - CITIZENS JURIES

KW - Environmental valuation

KW - LOCAL PEOPLE

KW - Biodiversity

KW - INDIVIDUAL INTERVIEWS

KW - Participatory approaches

KW - FOCUS GROUPS

KW - NONMARKET BENEFITS

KW - Poverty alleviation

KW - Ecosystem services

KW - CONTINGENT VALUATION SURVEYS

KW - Deliberative valuation

KW - WILLINGNESS-TO-PAY

KW - EMPIRICAL-EVIDENCE

KW - Developing countries

KW - ENVIRONMENTAL VALUATION

U2 - 10.1016/j.ecolecon.2012.08.012

DO - 10.1016/j.ecolecon.2012.08.012

M3 - Article

SN - 0921-8009

VL - 83

SP - 67

EP - 78

JO - Ecological Economics

JF - Ecological Economics

ER -

An evaluation of monetary and non-monetary techniques for assessing the importance of biodiversity and ecosystem services to people in countries with developing economies

Abstract

Keywords

UN SDGs

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Cite this