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Global estimates of the value of ecosystems and their services in monetary units

de Groot, Rudolph; Brander, Luke; van der Ploeg, Sander; Costanza, Robert; Braat, Leon; Bernard, Florence; Christie, Mike; Crossman, N.; Ghermandi, Andrea; Hein, Lars; Hussain, Salman; Kumar, Pushpam; McVittie, Alistair; Portela, Rosimeiry; Rodriguez, Luis Carlos; Brink, Patrick ten; van Beukering, Pieter

Description

This paper gives an overview of the value of ecosystem services of 10 main biomes expressed in monetary units. In total, over 320 publications were screened covering over 300 case study locations. Approximately 1350 value estimates were coded and stored in a searchable Ecosystem Service Value Database (ESVD). A selection of 665 value estimates was used for the analysis. Acknowledging the uncertainties and contextual nature of any valuation, the analysis shows that the total value of ecosystem...[Show more]

dc.contributor.authorde Groot, Rudolph
dc.contributor.authorBrander, Luke
dc.contributor.authorvan der Ploeg, Sander
dc.contributor.authorCostanza, Robert
dc.contributor.authorBraat, Leon
dc.contributor.authorBernard, Florence
dc.contributor.authorChristie, Mike
dc.contributor.authorCrossman, N.
dc.contributor.authorGhermandi, Andrea
dc.contributor.authorHein, Lars
dc.contributor.authorHussain, Salman
dc.contributor.authorKumar, Pushpam
dc.contributor.authorMcVittie, Alistair
dc.contributor.authorPortela, Rosimeiry
dc.contributor.authorRodriguez, Luis Carlos
dc.contributor.authorBrink, Patrick ten
dc.contributor.authorvan Beukering, Pieter
dc.date.accessioned2015-12-07T22:52:51Z
dc.identifier.issn2212-0416
dc.identifier.urihttp://hdl.handle.net/1885/27604
dc.description.abstractThis paper gives an overview of the value of ecosystem services of 10 main biomes expressed in monetary units. In total, over 320 publications were screened covering over 300 case study locations. Approximately 1350 value estimates were coded and stored in a searchable Ecosystem Service Value Database (ESVD). A selection of 665 value estimates was used for the analysis. Acknowledging the uncertainties and contextual nature of any valuation, the analysis shows that the total value of ecosystem services is considerable and ranges between 490 int$/year for the total bundle of ecosystem services that can potentially be provided by an 'average' hectare of open oceans to almost 350,000 int$/year for the potential services of an 'average' hectare of coral reefs. More importantly, our results show that most of this value is outside the market and best considered as non-tradable public benefits. The continued over-exploitation of ecosystems thus comes at the expense of the livelihood of the poor and future generations. Given that many of the positive externalities of ecosystems are lost or strongly reduced after land use conversion better accounting for the public goods and services provided by ecosystems is crucial to improve decision making and institutions for biodiversity conservation and sustainable ecosystem management.
dc.publisherElsevier
dc.sourceEcosystem Services
dc.subjectKeywords: Anthozoa Ecosystem services; Meta-analysis; Monetary values
dc.titleGlobal estimates of the value of ecosystems and their services in monetary units
dc.typeJournal article
local.description.notesImported from ARIES
local.identifier.citationvolume1
dc.date.issued2012
local.identifier.absfor160507 - Environment Policy
local.identifier.absfor050102 - Ecosystem Function
local.identifier.ariespublicationu4430637xPUB52
local.type.statusPublished Version
local.contributor.affiliationde Groot, Rudolph, Environmental Systems Analysis Group
local.contributor.affiliationBrander, Luke, Vrije Universiteit
local.contributor.affiliationvan der Ploeg, Sander, Environmental Systems Analysis Group
local.contributor.affiliationCostanza, Robert, College of Asia and the Pacific, ANU
local.contributor.affiliationBraat, Leon, Alterra, WageningenUniversity&ResearchCentre
local.contributor.affiliationBernard, Florence, ASB PartnershipfortheTropicalForestMargins,WorldAgroforestryCentre(ICRAF)
local.contributor.affiliationChristie, Mike, Aberystwyth University
local.contributor.affiliationCrossman, N., CSIRO
local.contributor.affiliationGhermandi, Andrea, Department ofNaturalResourcesandEnvironmentalManagement,GraduateSchoolofManagement,UniversityofHaifa
local.contributor.affiliationHein, Lars, Environmental SystemsAnalysisGroup,WageningenUniversity
local.contributor.affiliationHussain, Salman, Resource EconomicsandBiodiversityTeam,ScottishAgriculturalCollege
local.contributor.affiliationKumar, Pushpam, Institute of Economic Growth
local.contributor.affiliationMcVittie, Alistair, Resource EconomicsandBiodiversityTeam,ScottishAgriculturalCollege
local.contributor.affiliationPortela, Rosimeiry, Conservation International
local.contributor.affiliationRodriguez, Luis Carlos, CSIRO
local.contributor.affiliationBrink, Patrick ten, Institute forEuropeanEnvironmentalPolicy(IEEP)
local.contributor.affiliationvan Beukering, Pieter, Vrije Universiteit
local.description.embargo2037-12-31
local.bibliographicCitation.issue1
local.bibliographicCitation.startpage50
local.bibliographicCitation.lastpage61
local.identifier.doi10.1016/j.ecoser.2012.07.005
local.identifier.absseo960704 - Land Stewardship
local.identifier.absseo960501 - Ecosystem Assessment and Management at Regional or Larger Scales
dc.date.updated2020-12-13T07:26:33Z
local.identifier.scopusID2-s2.0-84868275668
local.identifier.thomsonID000209520400007
CollectionsANU Research Publications

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