Category: Natural Resource Damages

Nature-Based Assets Generates Jobs, Wealth and Restoration of Multi-Trillion Dollar Services - UNEP Report-Dead Planet: Living Planet- Makes Economic Case for Repairing ... Natural World

Restoring lost and damaged ecosystems-from forests and freshwaters to mangroves and wetlands-can trigger multi-million dollar returns, generate jobs and combat poverty according to a new report compiled by the UN Environment Programme (UNEP).Launched… more »

Nature Editorial: A full accounting - The BP spill should help make the case for bringing ecosystem services into the economy.

Nature www.nature.com editiorial June 24, 2010: On 14 June, BP promised to put US$20 billion into an escrow account to pay for damage caused by the 22 April sinking of its Deepwater Horizon drilling platform off the coast of Louisiana.... The benefici… more »

BP Oil Disaster Threatens Mississippi Delta Goods and Services Worth Far More than BP's Value - First Study of Delta as Capital Asset Concludes Restoring Wetlands Would Produce $62 Billion in Annual Benefits

The BP oil disaster, hurricanes and wetlands loss threaten a net value of $330 billion to $1.3 trillion in natural system goods and services, according to the first study of the Mississippi River Delta as a capital asset. Even the low end estimate of the… more »

Allocating Land for an Ecosystem Service: A Simple Model of Nutrient Retention with an Application to the Chesapeake Bay Watershed

Abstract: There has been great interest in recent decades in “ecosystem services”. One of the services most often mentioned is the retention of nutrients. David Simpson constructs a simple model of agricultural land use under a regulatory requirement tha… more »

Valuing the Effects of Great Barrier Reef Bleaching

The economic cost of a total and permanent bleaching of the Great Barrier Reef due to climate change would be $37.7bn, according to a special report commissioned by the Great Barrier Reef Foundation. The landmark Oxford Economics report puts the present… more »