Why measuring the economic value of ecosystems is important

Feb 27, 2023

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

Chunquan Zhu

Head, China Nature Initiatives, World Economic Forum Beijing

Siyu Wang

Operations and Communications Specialist, Tropical Forest Alliance, World Economic Forum Beijing

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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. Image: Biosphere Futures

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