you're reading...
Economic and Social Policies, PUBLICATIONS

Ecosystem services : Valuing our natural capital

Written by Didier Bourguignon
Ecosystem services: Valuing our natural capital

© Pellinni / Fotolia

The concept of ecosystem services providing direct and indirect contributions to human wellbeing has been developed since the 1990s as a way to improve the effectiveness of biodiversity-protection policies. Ecosystem services can be categorised in four broad types: provisioning, regulating, cultural and habitat services. The status of most ecosystem services across the EU is either degraded or mixed, although some are showing improvement.

A global initiative on the economics of ecosystems and biodiversity, which started in 2007, has set a framework for valuing ecosystem services. The EU has launched a process aimed at increasing the knowledge base related to ecosystem services, with a view to mapping and assessing ecosystems and their services in the Member States.

Economic valuation of ecosystem services has made great progress over the past 25 years, although it is still largely based on approximations and incomplete knowledge. The valuation of ecosystem services can contribute to better-informed decision-making and market-based mechanisms promoting biodiversity protection (as in the case of schemes for payment for ecosystem services). However such cases are not widespread.

European Commission estimates show that the Natura 2000 network provides services worth between €200 and €300 billion per year.

Parliament has consistently called for ecosystem services to be an essential element of biodiversity protection.

Read this Briefing on Ecosystem services : Valuing our natural capital in PDF

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download the EPRS App

EPRS App on Google Play
EPRS App on App Store
EU Legislation in Progress
Topical Digests
EPRS Podcasts

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 2,613 other followers

RSS Link to Members’ Research Service

Disclaimer and Copyright statement

The content of all documents (and articles) contained in this blog is the sole responsibility of the author and any opinions expressed therein do not necessarily represent the official position of the European Parliament. It is addressed to the Members and staff of the EP for their parliamentary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy.

For a comprehensive description of our cookie and data protection policies, please visit Terms and Conditions page.

Copyright © European Union, 2014-2018. All rights reserved.

%d bloggers like this: