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Economic value of biodiversity

DateTuesday, October 18, 2011
Topic Economy [3] Biodiversity & Natural Environment [4] Innovation [5] Standard to Higher Level Skills [6] Workforce Skills & Training [7] Investment [8] Employment [9] Sustainable Development [10] Rural Economy [11] Education & Skilled People [12] Environment [13] Infrastructure [14] Quality of Life [15]

This report presents the findings of a study of  'The Economic Valuation of the Ecosystem Service Benefits delivered by the UK Biodiversity Action Plan'. The research, commissioned by Defra (and partners) in 2008, was undertaken by a consortium led by Aberystwyth University. Research had already been undertaken to estimate the costs and expenditure related to meeting the UK BAP. This study was intended to provide estimates of the benefits associated with meeting the UK BAP to complement the costs work. 

Research aims and objectives

The aim of this primary valuation research study was to estimate the value of changes in biodiversity and associated ecosystem services which will result directly from the delivery of the UK Biodiversity  Action Plan (UK BAP). In the study it was assumed that the investigated changes to the UK BAP would be achieved over a 10 year period (2010 - 2020) and that the resultant ecosystem service benefits would then be retained for a further 10 years.

 

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Source URL: http://www.yourclimate.org/news/economic-value-biodiversity

Links:
[1] http://www.yourclimate.org/system/files/news_images/wildimg.jpg
[2] http://archive.defra.gov.uk/temp/sffsd0702-economic-valuation-uk-bap.pdf
[3] http://www.yourclimate.org/topic/economy
[4] http://www.yourclimate.org/topic/environment/biodiversity-natural-environment
[5] http://www.yourclimate.org/topic/economy/innovation
[6] http://www.yourclimate.org/topic/education-skilled-people/standard-higher-level-skills
[7] http://www.yourclimate.org/topic/education-skilled-people/workforce-skills-training
[8] http://www.yourclimate.org/topic/economy/investment
[9] http://www.yourclimate.org/topic/economy/employment
[10] http://www.yourclimate.org/topic/environment/sustainable-development
[11] http://www.yourclimate.org/topic/economy/rural-economy
[12] http://www.yourclimate.org/topic/education-skilled-people
[13] http://www.yourclimate.org/topic/environment
[14] http://www.yourclimate.org/topic/infrastructure
[15] http://www.yourclimate.org/topic/quality-life