Thursday, October 21, 2010

Valuing Natural Resources and Ecosystem Services for Sustainable Development

Economists moved a step closer to implementing the crucial concept of including the value of natural resources and ecosystem services onto the balance sheets of companies and countries. A new report, The Economics of Ecosystems and Biodiversity: Mainstreaming the Economics of Nature (TEEB) details why this is so vital to sustainable development, and to the wealth and well being of the world's poor today and everyone in the future.

You can read more about these issues and the TEEB report at Suite101: How Much is the Earth Worth? Valuing Resources and Ecosystems

You might also like my January, 2010 post on some earlier research in this area.

Robert Adler
for the institute

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