Climate and Nature

Why measuring the economic value of ecosystems is important

It's time to recognise the economic value of an ecosystem.

It's time to recognise the economic value of an ecosystem. Image: Unsplash/Matthew Bargh

Chunquan Zhu
Head, China Nature Initiatives, World Economic Forum
Siyu Wang
Operations and Communications Specialist, Tropical Forest Alliance, World Economic Forum
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For marketable ecosystem assets, such as timber and water, their market prices can be directly taken into the accounting process.
For marketable ecosystem assets, such as timber and water, their market prices can be directly taken into the accounting process. Image: Ouyang Zhiyun, Chunquan Zhu et al., “Gross ecosystem product: Concept, Accounting Framework and Case Study”
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GEP pictures an overview of the ecosystem's status quo and brings ecosystem services into decision-making.
GEP pictures an overview of the ecosystem's status quo and brings ecosystem services into decision-making. Image: Biosphere Futures
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