Valuation of Regulating Services of Ecosystems: Methodology and Applications by Pushpam KumarValuation of Regulating Services of Ecosystems: Methodology and Applications by Pushpam Kumar

Valuation of Regulating Services of Ecosystems: Methodology and Applications

EditorPushpam Kumar, Michael D. Wood

Hardcover | August 2, 2010

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Policy and management decisions are often made on financial grounds. However, the economic value of the benefits that people derive from ecosystems, that is, ecosystem services, may not be fully recognised and hence ecosystem considerations may not be incorporated adequately into decision-making processes. This is particularly true for regulating services, the benefits obtained from the regulation of ecosystem processes, the valuation of which requires an interdisciplinary approach. In essence, valuation is a problem solving strategy and a problem is a problem, it does not respect the boundary of any particular discipline.

The valuation of regulating services is an evolving field of ecological economics. In this book, Dr. Pushpam Kumar and Dr. Michael D. Wood have invited some of the foremost international experts in the field of ecosystem services valuation to contribute chapters on the valuation of regulating services and highlight some of the main obstacles to the implementation and acceptance of these methodologies in the context of decision-making. The contributors explore the theoretical underpinning of valuation of ecosystem services and demonstrate ways in which these theories can be applied to case-specific problems in order to inform decision-making processes.

This collection clarifies some of the doubt and uncertainty regarding the valuation of regulating services. Innovative methodologies in this field have started to emerge and in coming years there may be much further discussion on this topic as methodologies and understanding continue to evolve. This is a highly active area of interdisciplinary research with far reaching social and environmental implications, and this book should be of interest to those who are new to the field, as well as established experts, in moving both theory and practice forward.


 

Pushpam Kumaris Reader in Environmental Economics at the University of Liverpool, UK.Michael D. Woodis an environmental scientist at the University of Liverpool, UK. 
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Title:Valuation of Regulating Services of Ecosystems: Methodology and ApplicationsFormat:HardcoverDimensions:256 pages, 9.21 × 6.14 × 0.98 inPublished:August 2, 2010Publisher:Taylor and FrancisLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0415569877

ISBN - 13:9780415569873

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Table of Contents

Part 1: Concepts1. An introduction to the valuation of regulating servicesPushpam Kumar and Michael D. Wood2. Valuing Ecosystem Services: Benefits, values, space and timeBrendan Fisher, Ian Bateman and R. Kerry Turner3. Ecosystem services: managing trade-offs between provisioning and regulating servicesThomas Elmqvist, Magnus Tuvendal, Jagdish Krishnaswamy and Kristoffer Hylander4. The "Ecosystem Service Framework": A Critical AssessmentR. David SimpsonPart 2: Methodological applications5. Evaluating the economic impacts of water harvesting in Burkina FasoRodney B.W. Smith, Laura A. Hildreth and Kimsey Savadago6. Accounting for regulating servicesKarl-G¿ran M¿r, Sara Aniyar and ¿a Jansson7. Valuation of Ecosystem Services in Coastal Ecosystems: Asian and European perspectivesPremachandra Wattage8. Valuing the Storm Protection Services of the Mangroves: Methodological and Data challengesSaudamini Das9. European Forests and Carbon Sequestration Services: An Economic Assessment of Climate Change ImpactsHelen Ding, Paulo A.L.D. Nunes and Sonja Teelucksingh10. Valuing the Services of Coral Reef Systems for Sustainable Coastal Management: A Case Study of the Gulf of Kachchh, IndiaArun M. Dixit, Lalit Kumar, Pushpam Kumar and Kinjal PathakPart 3: Synthesis11. Institutions and Ecosystem Functions: The Case of Keti Bunder, PakistanJohn M. Gowdy and Aneel Salman12. Valuation of Ecosystem Services: methods, opportunities and policy implicationsNicolas Kosoy, Makiko Yashiro, Carlota Molinero and Anantha Duraiappah13. Conclusions on the valuation of regulating services: current status and future perspectivesPushpam Kumar and Michael D. Wood