This is the title
Biodiversity supports a range of goods and services that are of fundamental importance to people, for health, well-being, livelihoods, and survival (Costanza et al., 1997; Daily, 1997). Often, it is the people from the poorest nations that have the greatest immediate dependency on these stocks; such as direct reliance on natural resources for food, fuel, building material and natural medicines. Thus, gaining a better understanding of the role of biodiversity is fundamental for securing the livelihoods and well-being of people in developing countries.
Economic valuation of biodiversity is important since it provides a useful vehicle to highlight and quantify the range of benefits delivered by biodiversity. Importantly, placing monetary values on biodiversity and its ecosystem services will bring biodiversity into a common currency for use in decision-making, allowing its benefits to be directly compared with other development trajectories.
In recent years there has been considerable research undertaken to examine how people value biodiversity (Nunes and van den Bergh, 2001; Christie et al., 2004; Christie et al., 2007b). The majority of this work has been conducted in the developed world; with only limited application in developing countries (Abaza and Rietbergen-McCracken, 1998; Georgiou et al., 2006; van Beukering et al., 2007). There are, however, a number of significant challenges associated with valuing biodiversity in a developing country context.
This is the title
Biodiversity supports a range of goods and services that are of fundamental importance to people, for health, well-being, livelihoods, and survival (Costanza et al., 1997; Daily, 1997). Often, it is the people from the poorest nations that have the greatest immediate dependency on these stocks; such as direct reliance on natural resources for food, fuel, building material and natural medicines. Thus, gaining a better understanding of the role of biodiversity is fundamental for securing the livelihoods and well-being of people in developing countries.
Economic valuation of biodiversity is important since it provides a useful vehicle to highlight and quantify the range of benefits delivered by biodiversity. Importantly, placing monetary values on biodiversity and its ecosystem services will bring biodiversity into a common currency for use in decision-making, allowing its benefits to be directly compared with other development trajectories.
In recent years there has been considerable research undertaken to examine how people value biodiversity (Nunes and van den Bergh, 2001; Christie et al., 2004; Christie et al., 2007b). The majority of this work has been conducted in the developed world; with only limited application in developing countries (Abaza and Rietbergen-McCracken, 1998; Georgiou et al., 2006; van Beukering et al., 2007). There are, however, a number of significant challenges associated with valuing biodiversity in a developing country context.
Biodiversity supports a range of goods and services that are of fundamental importance to people, for health, well-being, livelihoods, and survival (Costanza et al., 1997; Daily, 1997). Often, it is the people from the poorest nations that have the greatest immediate dependency on these stocks; such as direct reliance on natural resources for food, fuel, building material and natural medicines. Thus, gaining a better understanding of the role of biodiversity is fundamental for securing the livelihoods and well-being of people in developing countries.
Economic valuation of biodiversity is important since it provides a useful vehicle to highlight and quantify the range of benefits delivered by biodiversity. Importantly, placing monetary values on biodiversity and its ecosystem services will bring biodiversity into a common currency for use in decision-making, allowing its benefits to be directly compared with other development trajectories.
In recent years there has been considerable research undertaken to examine how people value biodiversity (Nunes and van den Bergh, 2001; Christie et al., 2004; Christie et al., 2007b). The majority of this work has been conducted in the developed world; with only limited application in developing countries (Abaza and Rietbergen-McCracken, 1998; Georgiou et al., 2006; van Beukering et al., 2007). There are, however, a number of significant challenges associated with valuing biodiversity in a developing country context.