The economics of biodiversity: accounting for human impact in the biosphere

Nuno Ornelas Martins

doi:10.1016/j.ecolecon.2021.107150

The economics of biodiversity: accounting for human impact in the biosphere

Nuno Ornelas Martins

Research output: Contribution to journal › Article › peer-review

2 Citations (Scopus)

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Abstract

This article provides an analysis of The Economics of Biodiversity: The Dasgupta Review. The review places the study of biodiversity at the core of economics, by providing a conception that takes into account human impact in the biosphere, and planetary boundaries. This leads to a theoretical model where the human economy is bounded. Within this conception, Nature is valued as an asset, in a context where a social evaluator, or citizen investor, takes into account intergenerational wellbeing. This article discusses the methodology through which human impact in the biosphere is accounted for in the theoretical framework proposed in the review, while scrutinising the method for valuing biodiversity proposed in the review.

Original language	English
Article number	107150
Journal	Ecological Economics
Volume	189
DOIs	https://doi.org/10.1016/j.ecolecon.2021.107150
Publication status	Published - Nov 2021

Keywords

Biodiversity
Biosphere
Capital
Economics
Value
Well-being

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.ecolecon.2021.107150

37340750Accepted author manuscript, 227 KBLicence: CC BY-NC-ND

http://hdl.handle.net/10400.14/34307Licence: CC BY-NC-ND

Cite this

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title = "The economics of biodiversity: accounting for human impact in the biosphere",

abstract = "This article provides an analysis of The Economics of Biodiversity: The Dasgupta Review. The review places the study of biodiversity at the core of economics, by providing a conception that takes into account human impact in the biosphere, and planetary boundaries. This leads to a theoretical model where the human economy is bounded. Within this conception, Nature is valued as an asset, in a context where a social evaluator, or citizen investor, takes into account intergenerational wellbeing. This article discusses the methodology through which human impact in the biosphere is accounted for in the theoretical framework proposed in the review, while scrutinising the method for valuing biodiversity proposed in the review.",

keywords = "Biodiversity, Biosphere, Capital, Economics, Value, Well-being",

author = "Martins, {Nuno Ornelas}",

note = "Funding Information: For valuable comments on an earlier draft, the author is most thankful to Jo{\~a}o Paiva Silva, and to the editor of the journal, Richard Howarth. The usual disclaimer applies. Publisher Copyright: {\textcopyright} 2021 Elsevier B.V.",

year = "2021",

month = nov,

doi = "10.1016/j.ecolecon.2021.107150",

language = "English",

volume = "189",

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T2 - accounting for human impact in the biosphere

AU - Martins, Nuno Ornelas

N1 - Funding Information: For valuable comments on an earlier draft, the author is most thankful to João Paiva Silva, and to the editor of the journal, Richard Howarth. The usual disclaimer applies. Publisher Copyright: © 2021 Elsevier B.V.

PY - 2021/11

Y1 - 2021/11

N2 - This article provides an analysis of The Economics of Biodiversity: The Dasgupta Review. The review places the study of biodiversity at the core of economics, by providing a conception that takes into account human impact in the biosphere, and planetary boundaries. This leads to a theoretical model where the human economy is bounded. Within this conception, Nature is valued as an asset, in a context where a social evaluator, or citizen investor, takes into account intergenerational wellbeing. This article discusses the methodology through which human impact in the biosphere is accounted for in the theoretical framework proposed in the review, while scrutinising the method for valuing biodiversity proposed in the review.

AB - This article provides an analysis of The Economics of Biodiversity: The Dasgupta Review. The review places the study of biodiversity at the core of economics, by providing a conception that takes into account human impact in the biosphere, and planetary boundaries. This leads to a theoretical model where the human economy is bounded. Within this conception, Nature is valued as an asset, in a context where a social evaluator, or citizen investor, takes into account intergenerational wellbeing. This article discusses the methodology through which human impact in the biosphere is accounted for in the theoretical framework proposed in the review, while scrutinising the method for valuing biodiversity proposed in the review.

KW - Biodiversity

KW - Biosphere

KW - Capital

KW - Economics

KW - Value

KW - Well-being

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M3 - Article

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SN - 0921-8009

VL - 189

JO - Ecological Economics

JF - Ecological Economics

M1 - 107150

ER -

The economics of biodiversity: accounting for human impact in the biosphere

Abstract

Keywords

UN SDGs

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CEGE: Research Center in Management and Economics

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The economics of biodiversity: accounting for human impact in the biosphere

Abstract

Keywords

UN SDGs

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CEGE: Research Center in Management and Economics

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