Economic values for ecosystem services: A global synthesis and way forward
Leibniz University Hannover · Vrije Universiteit Amsterdam · +8 more institutions
Abstract
This paper presents a global synthesis of economic values for ecosystem services provided by 15 terrestrial and marine biomes. Information from over 1,300 studies, yielding over 9,400 value estimates in monetary units, has been collected and organised in the Ecosystem Services Valuation Database (ESVD). This is a substantial expansion of data since the de Groot et al. (2012) description of the ESVD and provides an important juncture to explore developments in the use of valuation methods and the contexts in which valuations are conducted. In this paper we provide summary values for 23 ecosystem services from 15 biomes to represent the magnitude, variation and gaps in economic values. To enable the comparison…
Citation impact
- FWCI
- 35.74
- Percentile
- 100%
- References
- 28
Authors
13Topics & keywords
- Ecosystem services
- Biome
- Valuation (finance)
- Recreation
- Ecosystem
- Millennium Ecosystem Assessment
- Environmental resource management
- Geography