Limits of monetization in protecting ecosystem services |
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| Authors: | Julia Temel Aled Jones Nikoleta Jones Lenke Balint |
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| Affiliation: | 1. Ruhr‐Universit?t Bochum, Universit?tsstr. 150, Bochum, Germany;2. Global Sustainability Institute, Anglia Ruskin University, Cambridge, CB1 1PT, U.K. |
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| Abstract: | The monetary valuation of ecosystem services is gaining traction in policy and business communities. Several tools and decision‐making processes have been proposed, including criteria to assess the appropriateness of using monetary valuation for biodiversity conservation outcomes. These criteria include measures such as scale, uniqueness, and threat. We used case studies of monetization projects for which the outcomes were measured to explore the limitations and application of these criteria. There was limited evidence of the effectiveness of such schemes. The majority of the schemes were established in areas where the criteria specifically excluded their use in isolation. Thus, although some aspects of monetization may be beneficial for biodiversity conservation, these schemes were not being used appropriately and require some quantitative minimum (or maximum) measurements to be applied through additional policy or governance measures to ensure biodiversity conservation outcomes. |
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| Keywords: | Biodiversity case studies conservation payment valuation biodiversidad conservació n estudios de caso pago tasació n 生 物 多 样 性 保 护 估 价 案 例 研 究 补 偿 |
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