Beyond Money Metrics: Alternative Approaches to Conceptualising and Assessing Ecosystem Services

Purushothaman, Seema and Thomas, Bejoy K and Abraham, Rosa and Dhar, Uppeandra (2013) Beyond Money Metrics: Alternative Approaches to Conceptualising and Assessing Ecosystem Services. Conservation and Society, 11 (4). pp. 321-325. ISSN 0972-4923

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Abstract

The concept and valuation of ecosystem services have emerged as growing and dynamic areas of research over the past few years. The adoption of these ideas and methods into mainstream policy discussions and practice has occurred at a rapid pace. Conventionally, the valuation of ecosystem services has been synonymous with estimating the economic (monetary) value of these services. However, monetisation has limitations that need to be acknowledged before it is adopted in policies. In addition, the socio-political and institutional dimensions of ecosystem services are largely overlooked in the debate. Against this backdrop, the Indian Society for Ecological Economics (INSEE) has put together this special section to critically review the current thinking and practices surrounding ecosystem services and to present emerging alternative approaches.

Item Type: Article
Additional Information: Copyright of this article belongs to Wolters Kluwer
Uncontrolled Keywords: ecosystem services, valuation, non-monetary dimensions, Millennium Ecosystem Assessment, environmental valuation, non-market valuation, ecological economics
Subjects: C Publications by ATREEians > G Journal Papers
Divisions: Publications by ATREEians > Journal Papers
Depositing User: Users 103 not found.
Date Deposited: 01 Dec 2016 06:22
Last Modified: 22 May 2019 10:50
URI: http://eprints.atree.org/id/eprint/315

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