Peddling the new commodities: good land management is worth paying for: it just needs the markets and the buyers. (The Wentworth View).(defining market value in ecology maintenance)

From: Ecos | Date: April 1, 2003 | Copyright information

In 2002, the Prime Minister's Science, Engineering and Innovation Council reported that environmental degradation occurs because our economy makes it cheaper to degrade Australia than to care for it. This is in part because the value of ecosystem services has been unrecognised and unpriced.

Ecosystem services include pest control, protection from wind erosion, clean water, healthy soils, pollination, and the fulfilment of human cultural, spiritual and recreational needs.

Valuing these services, however, is a difficult task: who can put a price on clean air, clean water, ...

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