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Economic valuation of ecosystem goods and services with special reference to estuarine wetlands In: ICAR Sponsored Winter School on Recent Advances in Fishery Biology Techniques for Biodiversity Evaluation and Conservation, 1-21 December 2018, Kochi.

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Relation http://eprints.cmfri.org.in/13320/
 
Title Economic valuation of ecosystem goods and
services with special reference to estuarine
wetlands In: ICAR Sponsored Winter School on Recent Advances in Fishery Biology Techniques for Biodiversity Evaluation and Conservation, 1-21 December 2018, Kochi.
 
Creator Vinod, K
 
Subject Fisheries Economics
 
Description Economic valuation of biodiversity is performed for three important reasons viz., (i) to facilitate
cost-benefit analysis, (ii) to integrate with the system of national accounts i.e. ‘green accounting’
and (iii) for proper pricing of biological resources. Cost-benefit analysis of investments and policies,
that incorporate environmental costs and benefits, are essential to enable planners and policy makers
to choose the investment that would bring in maximum net benefits to the society. Environmental
accounting adjusts the standard gross domestic product (GDP) measure to take into account any
depreciation in the environmental base of the economy. In the absence of markets for the
biodiversity or the services, valuation of loss in biological diversity is necessary to maintain a balance
between conservation and economic development.
 
Date 2018
 
Type Teaching Resource
PeerReviewed
 
Format text
 
Language en
 
Identifier http://eprints.cmfri.org.in/13320/1/18-Winter%20School%20on%20Recent%20Advances%20in%20Fishery%20Biology%20Techniques%20for%20Biodiversity%20Evaluation%20and%20Conservation_2018_Vinod%20K.pdf
Vinod, K (2018) Economic valuation of ecosystem goods and services with special reference to estuarine wetlands In: ICAR Sponsored Winter School on Recent Advances in Fishery Biology Techniques for Biodiversity Evaluation and Conservation, 1-21 December 2018, Kochi. [Teaching Resource]