Ecological economics perspectives on ecosystem services valuation
Research output: Contributions to collected editions/works › Chapter › peer-review
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Handbook of Ecological Economics. ed. / Joan Martinez-Alier; Roldan Muradian. Edward Elgar Publishing, 2015. p. 260-282.
Research output: Contributions to collected editions/works › Chapter › peer-review
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TY - CHAP
T1 - Ecological economics perspectives on ecosystem services valuation
AU - Gómez-Baggethun, Erik
AU - Martín-López, Berta
PY - 2015/9/25
Y1 - 2015/9/25
N2 - Interest in ecosystem services valuation has grown steadily since the 1990s and gained renewed attention after the launch of the international initiative The Economics of Ecosystem Services and Biodiversity (TEEB). Ecological Economics is the journal that hosts the largest number of papers on ecosystem services valuation (Abson et al., 2014) and yet this topic remains a highly divisive question among ecological economists (Spangenberg and Settele, 2010; Baveye et al., 2013; Kallis et al., 2013). Costanza et al.’s (1997) study on the monetary value of the world’s ecosystems divided ecological economists between those who accept valuing nature in monetary terms as a pragmatic choice, and those who reject it on methodological, ethical or political grounds (Toman, 1998; Spash, 2008). After years of polarized debates, the impasse in the valuation debate is slowly giving way to discussions that aim to define specific conditions under which monetary valuation may or may not be appropriate. This includes considerations on whether valuations are scientifically sound (Baveye et al., 2013), socially just (Martinez-Alier, 2002; Boeraeve et al., 2015), or ethically fair (Jax et al., 2013; Luck et al., 2012).
AB - Interest in ecosystem services valuation has grown steadily since the 1990s and gained renewed attention after the launch of the international initiative The Economics of Ecosystem Services and Biodiversity (TEEB). Ecological Economics is the journal that hosts the largest number of papers on ecosystem services valuation (Abson et al., 2014) and yet this topic remains a highly divisive question among ecological economists (Spangenberg and Settele, 2010; Baveye et al., 2013; Kallis et al., 2013). Costanza et al.’s (1997) study on the monetary value of the world’s ecosystems divided ecological economists between those who accept valuing nature in monetary terms as a pragmatic choice, and those who reject it on methodological, ethical or political grounds (Toman, 1998; Spash, 2008). After years of polarized debates, the impasse in the valuation debate is slowly giving way to discussions that aim to define specific conditions under which monetary valuation may or may not be appropriate. This includes considerations on whether valuations are scientifically sound (Baveye et al., 2013), socially just (Martinez-Alier, 2002; Boeraeve et al., 2015), or ethically fair (Jax et al., 2013; Luck et al., 2012).
KW - Sustainability Science
UR - http://www.scopus.com/inward/record.url?scp=84957991365&partnerID=8YFLogxK
U2 - 10.4337/9781783471416.00015
DO - 10.4337/9781783471416.00015
M3 - Chapter
AN - SCOPUS:85087718368
SN - 9781783471409
SP - 260
EP - 282
BT - Handbook of Ecological Economics
A2 - Martinez-Alier, Joan
A2 - Muradian, Roldan
PB - Edward Elgar Publishing
ER -