Download or read book Ecosystem services may provide large economic values in Kenya and Vietnam A value transfer application based on results from a systematic literature review written by Hettiarachchi, Upeksha and published by Intl Food Policy Res Inst. This book was released on 2024-01-24 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study focuses on the valuation of ecosystem services in Kenya and Vietnam, two countries that have received much attention from the international development community for their biodiversity significance, opportunities for scaling, climate and poverty challenges, and political will. Using The Economics of Ecosystems and Biodiversity (TEEB) framework and the Millenium Ecosystem Assessment (MEA), this study estimates per hectare values of ecosystem services in Kenya and Vietnam based on a systematic literature review of studies on the values of ecosystem services in both countries. Provisioning services, such as medicines, timber, and non-timber forest products were better studied than regulating, supporting and cultural ecosystem services, underscoring the need for further research to better estimate the values of non-tangible services which would improve the estimation of total value of ecosystem services in Kenya and Vietnam. To complement the national level analysis, we selected forest biomes to conduct a value transfer analysis. Forests provide ecosystem service benefits worth $25.78 billion for Kenya and $35.6 billion in Vietnam in 2022 USD. In comparison, the agricultural sector contributed $48.50 billion to Vietnam’s GDP and $24.10 billon to Kenya’s GDP in 2021. The per hectare values for ecosystem services are used in a value transfer analysis to estimate the total value of forest ecosystem services in Vietnam and Kenya. The average per hectare value of ecosystem services provided by forests in Kenya is $5,718.50 ha−1 yr−1 estimated within a range spanning $1,609.44 to $15,606.62 ha−1 yr−1 , while Vietnam's forests demonstrate an average value of $3,650.20 ha−1 yr−1 , with a range of $84.93 to $8,978.16 ha−1 yr−1 . We project the loss of forests into 2050 and estimate the annual economic loss of ecosystem services at $48.08 million for Kenya and $76.29 million for Vietnam, respectively, if deforestation and forest degradation continue at the current rates. Our approach presents a comprehensive overview of diverse ecosystem services, equipping policymakers with a nuanced comprehension of ecosystems’ inherent value. By consolidating values from the literature into a national-level estimate, we provide compelling evidence at a broader scale for informed decision-making. Despite the well-known limitations of value transfer method and with caveats, the values presented in our paper can provide a guiding reference for incorporating these estimations into broader policymaking endeavors.
Download or read book Valuing Ecosystem Services written by K N Ninan and published by Edward Elgar Publishing. This book was released on 2014-08-29 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thought provoking book draws together prominent international authorities to discuss the key methodological issues and challenges in valuing ecosystem services. Covering a cross-section of ecosystems and services in different sites, countries and
Download or read book Bulletin of the Atomic Scientists written by and published by . This book was released on 1972-09 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.
Download or read book The Importance of Mangroves to People written by Norman Clive Duke and published by UN. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This global synthesis report serves as a call to action to decision makers. It provides a science-based synthesis of the different types of goods and services provided by mangroves and the associated risks in losing these services in the face of ongoing global habitat loss and degradation. The report provides management and policy options at the local, regional and global level with the aim of preventing further losses through effective conservation measures, sustainable management and successful restoration. In addtion to the report, key figures and maps are available to download as individual files."--Publisher's description.
Download or read book Valuing forest ecosystem services a training manual for planners and project developers written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2019-02-28 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The degradation of ecosystems, including forests, and the associated loss of biodiversity, particularly due to human-induced threats and climate change, has gained increased attention from scientists and policymakers. The Millennium Ecosystem Assessment presented a new conceptual framework that puts ecosystem services at the centre and links human well-being to the impacts on ecosystems of changes in natural resources. The Economics of Ecosystems and Biodiversity initiative drew further attention to the economic benefits of conserving ecosystems and biodiversity, supporting the idea that economic instruments – if appropriately applied, developed and interpreted – can inform policy- and decision-making processes. Only a few ecosystem services, however, have explicit market value and are traded in open markets: many – especially those categorized as having “passive-use” value – remain invisible and are rarely accounted for in traditional economic systems. The failure to appropriately consider the full economic value of ecosystem services in decision making enables the continued degradation and loss of ecosystems and biodiversity. Most ecosystem services are considered public goods and tend to be overexploited by society. Many methods have been applied to the economic valuation of ecosystem services. The use of these methods, as well as the interpretation of their results, requires familiarity with the ecological, political, normative and socio-economic context and the science of economics. Recognizing, demonstrating and capturing the value of ecosystem services can play an important role in setting policy directions for ecosystem management and conservation and thus in increasing the provision of ecosystem services and their contributions to human well-being. The aim of this manual is to enhance understanding of ecosystem services and their valuation. The specific target group comprises governmental officers in planning units and field-level officers and practitioners in key government departments in Bangladesh responsible for project development, including the Ministry of Environment and Forests and its agencies. Most of the examples and case studies presented herein, therefore, are tailored to the Bangladesh context, but the general concepts, approaches and methods can be applied to a broad spectrum of situations. This manual focuses on valuing forest-related ecosystem services, including those provided by trees outside forests. It is expected to improve valuation efforts and help ensure the better use of such values in policymaking and decision making. Among other things, the manual explores the basics of financial mathematics (e.g. the time value of money; discounting; cost–benefit analysis; and profitability and risk indicators); the main methods of economic valuation; examples of the valuation of selected ecosystem services; and inputs for considering values in decision making.
Download or read book A review of the legal and policy framework for payments for ecosystem services PES in Thailand written by Orapan Nabangchang and published by CIFOR. This book was released on 2014-08-26 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thailand is somewhat lagging behind other countries in Southeast Asia in adopting the concept of payment for environmental services (PES) as an instrument for creating incentives for natural resources conservation. There are a number of activities involving payments for provision of activities or environmental services but these are missing many elements that would qualify them as a PES project. Others are mainly at the design stage or at the initial stages of implementation. One of the major challenges is to create recognition of the benefits from ecosystems services. Presently, private sectors attach considerable importance to CSR projects. There is nothing wrong with CSR projects but CSR activities do not address missing markets, nor aim to create incentives to undertake conservation measures on a sustainable basis. To create demand on a scale that would give the momentum for PES would require a revamp existing legal tools to create effective demand for conservation services. It may be strategically better to approach the ‘private sector institution’ such as: the Federation of Thai Industries and the Thai Chamber of Commerce, rather than individual private companies. Without this, CSR investment is likely to be spread so thin and while succeeding in promoting publicity of private companies, tangible outcomes in improving the environment are likely to be limited. Although biophysical conditions precede other criteria for selection of potential PES project sites, given that there is an estimated number of forest-dependent people of 1 to 2 million people most of whom believed to be poor and living in environmentally sensitive areas, it is undeniable that PES can be instrumental to addressing poverty alleviation objectives. A major challenge that must be addressed however, is the legal framework. Although not explicitly endorsing the concept of creating incentives for service providers, the relevant laws can be, -and needs to be-, relaxed in specific cases, particularly where PES types projects will be launched in protected areas where there are legal restrictions over access. PES can also supplement the legal provisions to protect biodiversity resources. Like all public goods, over-exploitation of biodiversity resources, is due to the failure to recognize that the economic value exceeds the market prices of the tradable parts of biodiversity resources. Unless there is recognition of the non-tradable benefits, biodiversity resources will continue to be underpriced and under valued, hence the potential contribution of the concept of PES projects to create recognition, demonstrate its economic values and link between the demand and supply side to capture those values.
Download or read book A Gateway to Payments for Ecosystem Services written by D. Huberman and published by IUCN. This book was released on 2009 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Ecosystems and Biodiversity Ecological and Economic Foundations written by Pushpam Kumar and published by Taylor & Francis. This book was released on 2012-12-20 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human well-being relies critically on ecosystem services provided by nature. Examples include water and air quality regulation, nutrient cycling and decomposition, plant pollination and flood control, all of which are dependent on biodiversity. They are predominantly public goods with limited or no markets and do not command any price in the conventional economic system, so their loss is often not detected and continues unaddressed and unabated. This in turn not only impacts human well-being, but also seriously undermines the sustainability of the economic system. It is against this background that TEEB: The Economics of Ecosystems and Biodiversity project was set up in 2007 and led by the United Nations Environment Programme to provide a comprehensive global assessment of economic aspects of these issues. This book, written by a team of international experts, represents the scientific state of the art, providing a comprehensive assessment of the fundamental ecological and economic principles of measuring and valuing ecosystem services and biodiversity, and showing how these can be mainstreamed into public policies. This volume and subsequent TEEB outputs will provide the authoritative knowledge and guidance to drive forward the biodiversity conservation agenda for the next decade.
Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Download or read book Bulletin of the Atomic Scientists written by and published by . This book was released on 1986-04 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.
Download or read book The Ocean and Cryosphere in a Changing Climate written by Intergovernmental Panel on Climate Change (IPCC) and published by Cambridge University Press. This book was released on 2022-05-19 with total page 1807 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Intergovernmental Panel on Climate Change (IPCC) is the leading international body for assessing the science related to climate change. It provides policymakers with regular assessments of the scientific basis of human-induced climate change, its impacts and future risks, and options for adaptation and mitigation. This IPCC Special Report on the Ocean and Cryosphere in a Changing Climate is the most comprehensive and up-to-date assessment of the observed and projected changes to the ocean and cryosphere and their associated impacts and risks, with a focus on resilience, risk management response options, and adaptation measures, considering both their potential and limitations. It brings together knowledge on physical and biogeochemical changes, the interplay with ecosystem changes, and the implications for human communities. It serves policymakers, decision makers, stakeholders, and all interested parties with unbiased, up-to-date, policy-relevant information. This title is also available as Open Access on Cambridge Core.
Download or read book The Economic Value of Biodiversity written by David William Pearce and published by Earthscan Publications. This book was released on 1994 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains in non-technical terms how economic cost-benefit analysis techniques can be applied to biodiversity loss, and how they can provide a measurement for the efficiency of conservation efforts. The author has also written "Blueprint for a Green Economy."
Download or read book Achieving Sustainable Development and Promoting Development Cooperation written by Department of Economic & Social Affairs and published by United Nations Publications. This book was released on 2008 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an overview of the key debates that took place during the Economic and Social Council meetings at the 2007 High-level Segment, at which ECOSOC organized its first biennial Development Cooperation Forum. The discussions also revolved around the theme of the second Annual Ministerial Review, "Implementing the internationally agreed goals and commitments in regard to sustainable development."--P. 4 of cover.
Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Download or read book Ecosystem Services written by and published by . This book was released on 2009 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been a growing public interest in the role and value of natural ecosystems and how they contribute to our quality of life and to human wellbeing. Ecosystems services and their continued provision underpin human existence, health and prosperity. Governments, communities and natural resource managers are taking a broader ecosystem approach to decision making for natural resource management issues that can achieve multiple benefits for landowners and society. Biodiversity is central to the production of ecosystem services; it is the direct source of services, such as food and fibre, and underpins others, such as clean water and air, through the role of organisms in energy and material cycles. This paper provides an overview of the concept of ecosystem services and how they are valued. There are both use values and non-use values that comprise the total economic value, including both the intrinsic values of ecosystems and biodiversity and the market values of goods and services. This paper also addresses new opportunities for developing markets for previously undervalued ecosystem services, and gives examples of where an ecosystem approach has lead to the achievement of multiple outcomes.
Download or read book Being equitable is not always fair An assessment of PFES implementation in Dien Bien Vietnam written by Le Ngoc Dung and published by CIFOR. This book was released on 2016-08-20 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vietnam is the first Southeast Asian country to implement a national program for payments for forest environmental services (PFES), providing lessons on how such systems can be designed to achieve forest outcomes that are effective, efficient and equitable. This Working Paper presents results from an in-depth study on the implementation of PFES in Dien Bien province, Vietnam, which assessed how equity was locally conceptualized in the PFES benefit-sharing process and the factors that influenced local perceptions of equity. We found that local perceptions of equity varied across PFES communities because of differences in social contextual factors such as ethnicity and in the geography of the areas that affected the size of PFES payments and the level of PFES implementation. While PFES policy did include distributional equity considerations through formulation of the K-coefficient, this coefficient was not properly implemented on the ground due to its complexity and lack of data. The procedural aspects of equity were found to be lacking. Poor information flows, lack of awareness of rights and responsibilities and the non-participation of local ecosystem service (ES) providers in decision-making processes led to a general sense of inequity and demotivation. This study suggests that particular attention should be given to improve information sharing and communication patterns with local ES providers and to establish a proper grievance handling system for two-way information flow. The inclusion of local people in decision-making processes on the key elements of benefit-sharing mechanisms is crucial in aligning PFES benefits with the preferences of local people and could potentially help to motivate their performance in forest management. Policy makers and program implementers will want to examine local perspectives of equity – and to understand how these can change over time so that they can tailor the design of benefit-sharing mechanisms to generate effective, efficient and equitable PFES outcomes.
Download or read book FinTech in Sub Saharan African Countries written by Mr.Amadou N Sy and published by International Monetary Fund. This book was released on 2019-02-14 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: FinTech is a major force shaping the structure of the financial industry in sub-Saharan Africa. New technologies are being developed and implemented in sub-Saharan Africa with the potential to change the competitive landscape in the financial industry. While it raises concerns on the emergence of vulnerabilities, FinTech challenges traditional structures and creates efficiency gains by opening up the financial services value chain. Today, FinTech is emerging as a technological enabler in the region, improving financial inclusion and serving as a catalyst for the emergence of innovations in other sectors, such as agriculture and infrastructure.
