How to value biodiversity in environmental management?

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http://hdl.handle.net/10138/203410

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Laurila-Pant , M , Lehikoinen , A , Uusitalo , L & Venesjärvi , R 2015 , ' How to value biodiversity in environmental management? ' , Ecological Indicators , vol. 55 , pp. 1-11 . https://doi.org/10.1016/j.ecolind.2015.02.034

Title: How to value biodiversity in environmental management?
Author: Laurila-Pant, Mirka; Lehikoinen, Annukka; Uusitalo, Laura; Venesjärvi, Riikka
Contributor: University of Helsinki, Environmental Sciences
University of Helsinki, Environmental Sciences
University of Helsinki, Finnish Environment Institute (SYKE)
University of Helsinki, Environmental Sciences
Date: 2015
Language: eng
Number of pages: 11
Belongs to series: Ecological Indicators
ISSN: 1470-160X
URI: http://hdl.handle.net/10138/203410
Abstract: Biodiversity is globally recognised as a cornerstone of healthy ecosystems, and biodiversity conservation is increasingly becoming one of the important aims of environmental management. Evaluating the trade-offs of alternative management strategies requires quantitative estimates of the costs and benefits of their outcomes, including the value of biodiversity lost or preserved. This paper takes a decision-analytic standpoint, and reviews and discusses the alternative aspects of biodiversity valuation by dividing them into three categories: socio-cultural, economic, and ecological indicator approaches. We discuss the interplay between these three perspectives and suggest integrating them into an ecosystem-based management (EBM) framework, which permits us to acknowledge ecological systems as a rich mixture of interactive elements along with their social and economic aspects. In this holistic framework, socio-cultural preferences can serve as a tool to identify the ecosystem services most relevant to society, whereas monetary valuation offers more globally comparative and understandable values. Biodiversity indicators provide clear quantitative measures and information about the role of biodiversity in the functioning and health of ecosystems. In the multi-objective EBM approach proposed in the paper, biodiversity indicators serve to define threshold values (i.e., the minimum level required to maintain a healthy environment). An appropriate set of decision-making criteria and the best method for conducting the decision analysis depend on the context and the management problem in question. Therefore, we propose a sequence of steps to follow when quantitatively evaluating environmental management against biodiversity.
Subject: 1172 Environmental sciences
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