Biodiversity and National Accounting

Biodiversity, a property of natural areas, provides a range of benefits to the economy including bioprospecting rents, knowledge and insurance, ecotourism fees, and ecosystem services. Many of these values can be broken out in the System of Nationa...

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Main Author:	Hamilton, Kirk
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	AGRICULTURAL LAND AGRICULTURAL LANDS AGRICULTURAL PRODUCTIVITY AGRICULTURE ALTERNATIVE USE ANIMALS ASSETS BALANCE SHEET BEQUEST VALUES BIODIVERSITY BIODIVERSITY CONSERVATION BIODIVERSITY FINANCE BIODIVERSITY PROTECTION BIODIVERSITY VALUES BIOPROSPECTING CAPITAL THEORY CARBON CARBON SEQUESTRATION COMMERCIAL ACTIVITIES COMMERCIAL SPECIES COMPREHENSIVE ASSESSMENT CONSERVATION EFFORTS CONSTANT RETURNS TO SCALE CONSUMER SURPLUS COUNTRY COMPARISONS CROP PRODUCTION DAMAGES DEMAND CURVE DEVELOPMENT ECONOMICS DEVELOPMENT POLICY ECOLOGICAL ECONOMICS ECOLOGY ECONOMIC BENEFITS ECONOMIC VALUE ECONOMICS ECOSYSTEM ECOSYSTEM ASSESSMENT ECOSYSTEM RESILIENCE ECOSYSTEM SERVICES ECOSYSTEMS EMPIRICAL ANALYSIS ENVIRONMENTAL ENVIRONMENTAL ECONOMICS EVOLUTION EXISTENCE VALUE EXISTENCE VALUES EXPECTED UTILITY EXPECTED VALUE EXPECTED VALUES EXPENDITURES EXTERNALITIES EXTERNALITY EXTINCTION FARMS FISCAL POLICIES FISH FISHING FOOD CROPS FORESTS GDP GDP PER CAPITA GENETIC INFORMATION GENETIC MAKEUP GENETIC MATERIAL GROSS DOMESTIC PRODUCT HUNTING INSURANCE INTERMEDIATE GOODS LAND AREA LAND VALUE MARGINAL BENEFITS MARGINAL VALUE MEASURING EXISTENCE MIDDLE INCOME COUNTRIES NATIONAL ACCOUNTING NATIONAL INCOME NATURAL AREAS NATURAL CAPITAL NATURAL ENVIRONMENT NATURAL RESOURCES NATURAL SYSTEMS NATURAL WEALTH NATURE NATURE TOURISM NON-USE VALUES OPEN ACCESS OPPORTUNITY COST OPPORTUNITY COSTS OPTION VALUE PARK ENTRY FEES PATENTS PATHOGENS PRESENT VALUE PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROTECTED AREAS PUBLIC GOOD PUBLIC GOODS RESOURCE DEPLETION SAVINGS SAVINGS RATES SCIENTIFIC KNOWLEDGE SPECIES SPECIES ABUNDANCE STATED PREFERENCE METHODS SUSTAINABLE DEVELOPMENT THRESHOLDS TOTAL ECONOMIC VALUE USE VALUE UTILITY FUNCTION VALUATION WEALTH WEALTH CREATION WILDLIFE WILLINGNESS TO PAY
Online Access:	http://documents.worldbank.org/curated/en/2013/05/17704454/biodiversity-national-accounting http://hdl.handle.net/10986/15582

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spelling	okr-10986-155822021-04-23T14:03:19Z Biodiversity and National Accounting Hamilton, Kirk AGRICULTURAL LAND AGRICULTURAL LANDS AGRICULTURAL PRODUCTIVITY AGRICULTURE ALTERNATIVE USE ANIMALS ASSETS BALANCE SHEET BEQUEST VALUES BIODIVERSITY BIODIVERSITY CONSERVATION BIODIVERSITY FINANCE BIODIVERSITY PROTECTION BIODIVERSITY VALUES BIOPROSPECTING CAPITAL THEORY CARBON CARBON SEQUESTRATION COMMERCIAL ACTIVITIES COMMERCIAL SPECIES COMPREHENSIVE ASSESSMENT CONSERVATION EFFORTS CONSTANT RETURNS TO SCALE CONSUMER SURPLUS COUNTRY COMPARISONS CROP PRODUCTION DAMAGES DEMAND CURVE DEVELOPMENT ECONOMICS DEVELOPMENT POLICY ECOLOGICAL ECONOMICS ECOLOGY ECONOMIC BENEFITS ECONOMIC VALUE ECONOMICS ECOSYSTEM ECOSYSTEM ASSESSMENT ECOSYSTEM RESILIENCE ECOSYSTEM SERVICES ECOSYSTEMS EMPIRICAL ANALYSIS ENVIRONMENTAL ENVIRONMENTAL ECONOMICS EVOLUTION EXISTENCE VALUE EXISTENCE VALUES EXPECTED UTILITY EXPECTED VALUE EXPECTED VALUES EXPENDITURES EXTERNALITIES EXTERNALITY EXTINCTION FARMS FISCAL POLICIES FISH FISHING FOOD CROPS FORESTS GDP GDP PER CAPITA GENETIC INFORMATION GENETIC MAKEUP GENETIC MATERIAL GROSS DOMESTIC PRODUCT HUNTING INSURANCE INTERMEDIATE GOODS LAND AREA LAND VALUE MARGINAL BENEFITS MARGINAL VALUE MEASURING EXISTENCE MIDDLE INCOME COUNTRIES NATIONAL ACCOUNTING NATIONAL INCOME NATURAL AREAS NATURAL CAPITAL NATURAL ENVIRONMENT NATURAL RESOURCES NATURAL SYSTEMS NATURAL WEALTH NATURE NATURE TOURISM NON-USE VALUES OPEN ACCESS OPPORTUNITY COST OPPORTUNITY COSTS OPTION VALUE PARK ENTRY FEES PATENTS PATHOGENS PRESENT VALUE PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROTECTED AREAS PUBLIC GOOD PUBLIC GOODS RESOURCE DEPLETION SAVINGS SAVINGS RATES SCIENTIFIC KNOWLEDGE SPECIES SPECIES ABUNDANCE STATED PREFERENCE METHODS SUSTAINABLE DEVELOPMENT THRESHOLDS TOTAL ECONOMIC VALUE USE VALUE UTILITY FUNCTION VALUATION WEALTH WEALTH CREATION WILDLIFE WILLINGNESS TO PAY Biodiversity, a property of natural areas, provides a range of benefits to the economy including bioprospecting rents, knowledge and insurance, ecotourism fees, and ecosystem services. Many of these values can be broken out in the System of National Accounts, leading to better estimates of the economic losses when natural areas are degraded or destroyed. Developing countries harbor the great majority of biodiversity, and this diversity provides benefits, including knowledge and carbon sequestration, to the whole world. However, protecting biodiversity is particularly costly for developing countries: the opportunity cost of foregoing development of natural areas exceeds 1 percent of gross domestic product in 58 developing countries, versus only four OECD countries. The Global Environment Facility can offset these costs through grant finance, but annual Global Environment Facility finance and co-finance averages only 8 percent of the opportunity costs faced by low-income countries. 2013-09-04T17:00:12Z 2013-09-04T17:00:12Z 2013-05 http://documents.worldbank.org/curated/en/2013/05/17704454/biodiversity-national-accounting http://hdl.handle.net/10986/15582 English en_US Policy Research Working Paper;No. 6441 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	AGRICULTURAL LAND AGRICULTURAL LANDS AGRICULTURAL PRODUCTIVITY AGRICULTURE ALTERNATIVE USE ANIMALS ASSETS BALANCE SHEET BEQUEST VALUES BIODIVERSITY BIODIVERSITY CONSERVATION BIODIVERSITY FINANCE BIODIVERSITY PROTECTION BIODIVERSITY VALUES BIOPROSPECTING CAPITAL THEORY CARBON CARBON SEQUESTRATION COMMERCIAL ACTIVITIES COMMERCIAL SPECIES COMPREHENSIVE ASSESSMENT CONSERVATION EFFORTS CONSTANT RETURNS TO SCALE CONSUMER SURPLUS COUNTRY COMPARISONS CROP PRODUCTION DAMAGES DEMAND CURVE DEVELOPMENT ECONOMICS DEVELOPMENT POLICY ECOLOGICAL ECONOMICS ECOLOGY ECONOMIC BENEFITS ECONOMIC VALUE ECONOMICS ECOSYSTEM ECOSYSTEM ASSESSMENT ECOSYSTEM RESILIENCE ECOSYSTEM SERVICES ECOSYSTEMS EMPIRICAL ANALYSIS ENVIRONMENTAL ENVIRONMENTAL ECONOMICS EVOLUTION EXISTENCE VALUE EXISTENCE VALUES EXPECTED UTILITY EXPECTED VALUE EXPECTED VALUES EXPENDITURES EXTERNALITIES EXTERNALITY EXTINCTION FARMS FISCAL POLICIES FISH FISHING FOOD CROPS FORESTS GDP GDP PER CAPITA GENETIC INFORMATION GENETIC MAKEUP GENETIC MATERIAL GROSS DOMESTIC PRODUCT HUNTING INSURANCE INTERMEDIATE GOODS LAND AREA LAND VALUE MARGINAL BENEFITS MARGINAL VALUE MEASURING EXISTENCE MIDDLE INCOME COUNTRIES NATIONAL ACCOUNTING NATIONAL INCOME NATURAL AREAS NATURAL CAPITAL NATURAL ENVIRONMENT NATURAL RESOURCES NATURAL SYSTEMS NATURAL WEALTH NATURE NATURE TOURISM NON-USE VALUES OPEN ACCESS OPPORTUNITY COST OPPORTUNITY COSTS OPTION VALUE PARK ENTRY FEES PATENTS PATHOGENS PRESENT VALUE PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROTECTED AREAS PUBLIC GOOD PUBLIC GOODS RESOURCE DEPLETION SAVINGS SAVINGS RATES SCIENTIFIC KNOWLEDGE SPECIES SPECIES ABUNDANCE STATED PREFERENCE METHODS SUSTAINABLE DEVELOPMENT THRESHOLDS TOTAL ECONOMIC VALUE USE VALUE UTILITY FUNCTION VALUATION WEALTH WEALTH CREATION WILDLIFE WILLINGNESS TO PAY
spellingShingle	AGRICULTURAL LAND AGRICULTURAL LANDS AGRICULTURAL PRODUCTIVITY AGRICULTURE ALTERNATIVE USE ANIMALS ASSETS BALANCE SHEET BEQUEST VALUES BIODIVERSITY BIODIVERSITY CONSERVATION BIODIVERSITY FINANCE BIODIVERSITY PROTECTION BIODIVERSITY VALUES BIOPROSPECTING CAPITAL THEORY CARBON CARBON SEQUESTRATION COMMERCIAL ACTIVITIES COMMERCIAL SPECIES COMPREHENSIVE ASSESSMENT CONSERVATION EFFORTS CONSTANT RETURNS TO SCALE CONSUMER SURPLUS COUNTRY COMPARISONS CROP PRODUCTION DAMAGES DEMAND CURVE DEVELOPMENT ECONOMICS DEVELOPMENT POLICY ECOLOGICAL ECONOMICS ECOLOGY ECONOMIC BENEFITS ECONOMIC VALUE ECONOMICS ECOSYSTEM ECOSYSTEM ASSESSMENT ECOSYSTEM RESILIENCE ECOSYSTEM SERVICES ECOSYSTEMS EMPIRICAL ANALYSIS ENVIRONMENTAL ENVIRONMENTAL ECONOMICS EVOLUTION EXISTENCE VALUE EXISTENCE VALUES EXPECTED UTILITY EXPECTED VALUE EXPECTED VALUES EXPENDITURES EXTERNALITIES EXTERNALITY EXTINCTION FARMS FISCAL POLICIES FISH FISHING FOOD CROPS FORESTS GDP GDP PER CAPITA GENETIC INFORMATION GENETIC MAKEUP GENETIC MATERIAL GROSS DOMESTIC PRODUCT HUNTING INSURANCE INTERMEDIATE GOODS LAND AREA LAND VALUE MARGINAL BENEFITS MARGINAL VALUE MEASURING EXISTENCE MIDDLE INCOME COUNTRIES NATIONAL ACCOUNTING NATIONAL INCOME NATURAL AREAS NATURAL CAPITAL NATURAL ENVIRONMENT NATURAL RESOURCES NATURAL SYSTEMS NATURAL WEALTH NATURE NATURE TOURISM NON-USE VALUES OPEN ACCESS OPPORTUNITY COST OPPORTUNITY COSTS OPTION VALUE PARK ENTRY FEES PATENTS PATHOGENS PRESENT VALUE PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROTECTED AREAS PUBLIC GOOD PUBLIC GOODS RESOURCE DEPLETION SAVINGS SAVINGS RATES SCIENTIFIC KNOWLEDGE SPECIES SPECIES ABUNDANCE STATED PREFERENCE METHODS SUSTAINABLE DEVELOPMENT THRESHOLDS TOTAL ECONOMIC VALUE USE VALUE UTILITY FUNCTION VALUATION WEALTH WEALTH CREATION WILDLIFE WILLINGNESS TO PAY Hamilton, Kirk Biodiversity and National Accounting
relation	Policy Research Working Paper;No. 6441
description	Biodiversity, a property of natural areas, provides a range of benefits to the economy including bioprospecting rents, knowledge and insurance, ecotourism fees, and ecosystem services. Many of these values can be broken out in the System of National Accounts, leading to better estimates of the economic losses when natural areas are degraded or destroyed. Developing countries harbor the great majority of biodiversity, and this diversity provides benefits, including knowledge and carbon sequestration, to the whole world. However, protecting biodiversity is particularly costly for developing countries: the opportunity cost of foregoing development of natural areas exceeds 1 percent of gross domestic product in 58 developing countries, versus only four OECD countries. The Global Environment Facility can offset these costs through grant finance, but annual Global Environment Facility finance and co-finance averages only 8 percent of the opportunity costs faced by low-income countries.
format	Publications & Research :: Policy Research Working Paper
author	Hamilton, Kirk
author_facet	Hamilton, Kirk
author_sort	Hamilton, Kirk
title	Biodiversity and National Accounting
title_short	Biodiversity and National Accounting
title_full	Biodiversity and National Accounting
title_fullStr	Biodiversity and National Accounting
title_full_unstemmed	Biodiversity and National Accounting
title_sort	biodiversity and national accounting
publisher	World Bank, Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2013/05/17704454/biodiversity-national-accounting http://hdl.handle.net/10986/15582
_version_	1764429474079703040

Biodiversity and National Accounting

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