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Nature in the Balance – The Economics of Biodiversity - Oxford Scholarship Online
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Nature in the Balance: The Economics of Biodiversity

Dieter Helm and Cameron Hepburn


The scale of biodiversity destruction around the world is widely acknowledged. But policies to reverse this trend and to protect Earth’s biodiversity and natural capital suffer from serious inadequacies of both analysis and measurement. The challenges begin with the concepts of biodiversity and biodiversity loss, and extend from the underlying science and the foundational economics through to the policy design and evaluation at both the national and international levels. This volume brings together leading authorities on biodiversity to assess the state of play at a time when nature is increas ... More

Keywords: biodiversity, nature, economics, policy

Bibliographic Information

Print publication date: 2014 Print ISBN-13: 9780199676880
Published to Oxford Scholarship Online: January 2014 DOI:10.1093/acprof:oso/9780199676880.001.0001


Affiliations are at time of print publication.

Dieter Helm, editor
Professor of Energy Policy and Official Fellow in Economics, New College, University of Oxford

Cameron Hepburn, editor
Senior Research Fellow; Fellow, Grantham Research Institute, London School of Economics; New College, University of Oxford

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1 Introduction

Dieter Helm Cameron Hepburn

2 The Economic Analysis of Biodiversity

Dieter Helm and Cameron Hepburn

Part I Concepts and Measurement

4 Identifying and Mapping Biodiversity: Where Can We Damage?

Kathy J. Willis Marc Macias-Fauria Alexandros Gasparatos and Peter Long

5 The UK National Ecosystem Assessment: Valuing Changes in Ecosystem Services1

Ian J. Bateman Grischa Perino David Abson Barnaby Andrews Andrew Crowe Steve Dugdale Carlo Fezzi Jo Foden David Hadley Roy Haines-Young Amii Harwood Mark Hulme Andreas Kontoleon Paul Munday Unai Pascual James Paterson Antara Sen Gavin Siriwardena and Mette Termansen

Part II Valuing Biodiversity

6 Valuing Ecosystem Services and Biodiversity

Giles Atkinson Ian J. Bateman and Susana Mourato

Part III Natural Capital and Accounting

8 Natural Capital

Edward B. Barbier

Part IV International and Development Aspects

10 Biodiversity, Poverty, and Development: A Review

Charles Palmer Salvatore Di Falco

Part V Policy Instruments and Incentives

12 Do Biodiversity Policies Work? The Case for Conservation Evaluation 2.0

Daniela A. Miteva Subhrendu K. Pattanayak Paul J. Ferraro

13 Are Investments to Promote Biodiversity Conservation and Ecosystem Services Aligned?

Stephen Polasky Kris Johnson Bonnie Keeler Kent Kovacs Erik Nelson Derric Pennington Andrew J. Plantinga John Withey *

14 Incentives, Private Ownership, and Biodiversity Conservation

Nick Hanley Simanti Banerjee Gareth D. Lennox Paul R. Armsworth

15 On the Potential for Speculation to Threaten Biodiversity Loss

Joanne C. Burgess Chris J. Kennedy Charles (Chuck) Mason

End Matter