Natural Capital and Human Economic Survival, Second Edition

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Author: Thomas Prugh,Herman Daly,Robert Goodland,John H Cumberland,Richard B Norgaard

Publisher: CRC Press

ISBN: 9781420048322

Category: Science

Page: 208

View: 4007

Most people love nature and consider themselves environmentalists, but nature isn't just pretty and lovable, it is indispensable to our survival and economic activity. That is the most compelling reason for environmental protection. The conventional economic wisdom views land (natural capital) as a small part of the economy, along with capital, labor, technology and so on. The authors argue that this is backwards: that the economy nests within the environment (land) and not the other way around. The authors give a brief history of the origins of conventional economic wisdom and critique it from a the standpoint of ecological economics. They explain what natural capital -our life support system - is and does, and describe the severe strains that have been put on it. They conclude with some policy options, such as green taxes and suggestions for personal action that would conserve natural capital and thus make conserve resources for present and future generations. Natural Capital and Human Economic Survival is written for environmentalists, environmental studies majors and anyone concerned about the flaws of mainstream economics - how it has led us into unsustainable ways of living - and who would like to learn about alternatives that are more sustainable.

Investing in Natural Capital

The Ecological Economics Approach To Sustainability

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Author: AnnMari Jansson

Publisher: Island Press

ISBN: 1610912810

Category: Business & Economics

Page: 520

View: 3430

Investing in Natural Capital presents the results of a workshop held following the second biannual conference of the International Society for Ecological Economics. It focuses on the relation of human development to natural capital, and the relation of natural capital to environmental processes.Because we are capable of understanding our impact on the environment and the importance of managing it sustainably, humans play a special role in our ecosystem. The book emphasizes the essential connections between natural ecosystems and human socioeconomic systems, and the importance of insuring that both remain resilient. Specific chapters deal with methodology, case material, and policy questions, and offer a thorough exploration of this provocative and important alternative to conventional economics.

Restoring Natural Capital

Science, Business, and Practice

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Author: James Aronson,Suzanne J. Milton,James N. Blignaut

Publisher: Island Press

ISBN: 1597267791

Category: Nature

Page: 400

View: 548

How can environmental degradation be stopped? How can it be reversed? And how can the damage already done be repaired? The authors of this volume argue that a two-pronged approach is needed: reducing demand for ecosystem goods and services and better management of them, coupled with an increase in supply through environmental restoration. Restoring Natural Capital brings together economists and ecologists, theoreticians, practitioners, policy makers, and scientists from the developed and developing worlds to consider the costs and benefits of repairing ecosystem goods and services in natural and socioecological systems. It examines the business and practice of restoring natural capital, and seeks to establish common ground between economists and ecologists with respect to the restoration of degraded ecosystems and landscapes and the still broader task of restoring natural capital. The book focuses on developing strategies that can achieve the best outcomes in the shortest amount of time as it: • considers conceptual and theoretical issues from both an economic and ecological perspective • examines specific strategies to foster the restoration of natural capital and offers a synthesis and a vision of the way forward Nineteen case studies from around the world illustrate challenges and achievements in setting targets, refining approaches to finding and implementing restoration projects, and using restoration of natural capital as an economic opportunity. Throughout, contributors make the case that the restoration of natural capital requires close collaboration among scientists from across disciplines as well as local people, and when successfully executed represents a practical, realistic, and essential tool for achieving lasting sustainable development.

Learning, Natural Capital and Sustainable Development

Options for an Uncertain World

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Author: John Foster,Stephen Gough

Publisher: Routledge

ISBN: 1317998731

Category: Education

Page: 138

View: 6894

This special issue of the journal Environmental Education Research addresses a topical area of importance - human behaviour towards the environment. The book explores the economic metaphor of 'natural capital' in this context arguing that the currently dominant model of sustainable development, underpinned by a particular understanding of this metaphor, is impeding progress towards genuine sustainability, and secondly that it will continue to do so until the metaphor can be reworked in both thought and practice. This book explores an alternative economic model of natural capital value, based on recent 'real options' thinking which reworks the natural capital idea and provides a framework for articulating two major and closely-related shifts of emphasis.

How Substitutable is Natural Capital?

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Author: Anil Markandya,Suzette Pedroso-Galinato

Publisher: World Bank Publications

ISBN: N.A

Category: Crecimiento economico

Page: 20

View: 3179

One of the recurring themes in the sustainability literature has been the legitimacy of using an economic framework to account for natural resources. This paper examines the potential for substituting between different inputs in the generation of income, where the inputs include natural resources such as land and energy resources. A nested constant elasticity of substitution (CES) production function is used to allow flexibility in the estimated elasticities of substitution. Also, with this specification, natural resources and other inputs are combined in different levels of the function, thus allowing for different levels of substitutability. Institutional and economic indicators are also incorporated in the production function estimated. Results show that the elasticities derived from functions involving land resources were generally around one or greater, implying a fairly high degree of substitutability. Furthermore, changes in trade openness and private sector investment have a statistically significant and direct relationship with income generation. No statistically significant relationship between income and any of the institutional indicators was found.

Natural Capital

Valuing the Planet

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Author: Dieter Helm

Publisher: Yale University Press

ISBN: 0300213948

Category: Business & Economics

Page: 296

View: 5497

Natural capital is what nature provides to us for free. Renewables—like species—keep on coming, provided we do not drive them towards extinction. Non-renewables—like oil and gas—can only be used once. Together, they are the foundation that ensures our survival and well-being, and the basis of all economic activity. In the face of the global, local, and national destruction of biodiversity and ecosystems, economist Dieter Helm here offers a crucial set of strategies for establishing natural capital policy that is balanced, economically sustainable, and politically viable. Helm shows why the commonly held view that environmental protection poses obstacles to economic progress is false, and he explains why the environment must be at the very core of economic planning. He presents the first real attempt to calibrate, measure, and value natural capital from an economic perspective and goes on to outline a stable new framework for sustainable growth. Bristling with ideas of immediate global relevance, Helm’s book shifts the parameters of current environmental debate. As inspiring as his trailblazing The Carbon Crunch, this volume will be essential reading for anyone concerned with reversing the headlong destruction of our environment.

Natural Capital

Theory and Practice of Mapping Ecosystem Services

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Author: Peter Kareiva,Heather Tallis,Taylor H. Ricketts,Gretchen C. Daily,Stephen Polasky

Publisher: OUP Oxford

ISBN: 019162103X

Category: Science

Page: 392

View: 1509

In 2005, The Millennium Ecosystem Assessment (MA) provided the first global assessment of the world's ecosystems and ecosystem services. It concluded that recent trends in ecosystem change threatened human wellbeing due to declining ecosystem services. This bleak prophecy has galvanized conservation organizations, ecologists, and economists to work toward rigorous valuations of ecosystem services at a spatial scale and with a resolution that can inform public policy. The editors have assembled the world's leading scientists in the fields of conservation, policy analysis, and resource economics to provide the most intensive and best technical analyses of ecosystem services to date. A key idea that guides the science is that the modelling and valuation approaches being developed should use data that are readily available around the world. In addition, the book documents a toolbox of ecosystem service mapping, modeling, and valuation models that both The Nature Conservancy and the World Wide Fund for Nature (WWF) are beginning to apply around the world as they transform conservation from a biodiversity only to a people and ecosystem services agenda. The book addresses land, freshwater, and marine systems at a variety of spatial scales and includes discussion of how to treat both climate change and cultural values when examining tradeoffs among ecosystem services.

Natural capital

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Author: Martin O'Connor,Concerted Action on Environmental Valuation in Europe (Program)

Publisher: N.A

ISBN: N.A

Category: Nature

Page: 22

View: 5211

An Introduction to Ecological Economics

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Author: Robert Costanza,John H Cumberland,Herman Daly,Robert Goodland,Richard B Norgaard

Publisher: CRC Press

ISBN: 9781420048353

Category: Science

Page: 288

View: 3383

Ecological economics is a way of rethinking the relationship between humans and the environment and working out the implications of how we manage our lives and the planet. An Introduction to Ecological Economics offers a starting point for undergraduate and graduate students and environmental professionals interested in this transdisciplinary field. Beginning in Section 1 with a description of some current problems in society and their underlying causes, Section 2 then takes a historical perspective to explain how world views regarding economics and ecology have evolved. Section 3 presents the fundamental principles of ecological economics, and Part 4 outlines and discusses a set of policies for creating a sustainable society as well as instruments that could be used to implement those policies. A conclusions section summarizes the main points of the book and proposes prospects for the future. Let An Introduction to Ecological Economics introduce you to important issues affecting our ecology, our economy, our world.

Principles of Environmental Economics

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Author: Ahmed M. Hussen

Publisher: Psychology Press

ISBN: 9780415275606

Category: Business & Economics

Page: 344

View: 5831

This popular textbook returns in a fully revised and updated new edition. Building and improving upon the popular format, it provides new examples, new pedagogical features and new questions for discussion.