By Committee on Assessing and Valuing the Services of Aquatic and Related Terrestrial Ecosystems, National Research Council
Nutrient recycling, habitat for vegetation and animals, flood keep watch over, and water offer are one of many useful providers supplied through aquatic ecosystems. In making judgements approximately human actions, akin to draining a wetland for a housing improvement, it really is necessary to give some thought to either the worth of the advance and the worth of the atmosphere prone that may be misplaced. regardless of a growing to be reputation of the significance of environment prone, their worth is frequently neglected in environmental decision-making. This file identifies equipment for assigning monetary worth to environment companies even intangible ones and demands better collaboration among ecologists and economists in such efforts.
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Example text
In addition, an individual’s willingness to trade one good for another will reflect the amount of the goods and services currently available to him, which will in turn depend at least partially on income. If income changes over time, the economic measure of value for an individual can be expected to change as well. For these reasons, the values measured through economic valuation are inherently time- and contextspecific. 5 In fact, those people who affirm the intrinsic value of ecosystems object to the very idea of trying to quantify the value of environmental goods and services (see, for example, Dreyfus, 1982; MacLean, 1986; Sagoff, 1993, 1994, 1997).
J. Boumans. 2002. A typology for the classification, description and valuation of ecosystem functions, goods and services. Ecological Economics 41:393-408. S. Environmental Protection Agency). 2001. National Coastal Condition Report. EPA-620/R-01/005. S. EPA, Office of Research and Development/Office of Water. epa/gov/owow/ oceans/NCCR/index. Accessed October 2002. EPA. 2002. 2000 National Water Quality Inventory. EPA-841-R-2-001. : Office of Water. EPA. 2003a. National Pollutant Discharge Elimination System Permit.
Issues in Ecology No. 8. : Ecological Society of America. NRC (National Research Council). 1992. Restoration of Aquatic Ecosystems: Science, Technology, and Public Policy. : National Academy Press. NRC. 2001. Compensating for Wetland Losses Under the Clean Water Act. : National Academy Press. , and J. Lubchenco. 2002. Marine ecosystem services. Pp. C. ) Nature’s Services: Societal Dependence on Natural Ecosystems. : Island Press. , and S. Carpenter. 1997. Freshwater ecosystem service. Pp. C. ) Nature’s Services: Societal Dependence on Natural Ecosystems.
