Freeman Spogli Institute for International Studies Center for International Security and Cooperation Stanford University


CISAC Publications


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Value of Nature and the Nature of Value, The

Journal Article

Authors
Gretchen C. Daily*, Tore Soderqvist, Sara Aniyar, Kenneth J. Arrow, Partha Dasgupta, Paul R. Ehrlich, Carl Folke, AnnMari Jansson, Bengt-Owe Jansson, Nils Kautsky

Published by
Science Magazine, Vol. 289 no. 5478, page(s) 395-396
July 21, 2000


The world's ecosystems are capital assests. If properly managed, they yield a flow of vital services, including the production of goods (such as seafood and timber), life support processes (such as pollination and water purification), and life-fulfilling conditions (such as beauty and serenity). Moreover, ecosystems have value in terms of conservation options (such as genetic diversity for future use). Unfortunately, relative to other forms of capital, ecosystems are poorly understood, scarcely monitored, and (in many cases) undergoing rapid degradation and depletion.

Topics: Water