Valuing

Worldwide there is growing agreement that nature should be considered in economic decision making. By valuing nature’s assets, natural capital is given comparable consideration as financial, manufactured, human and social capitals what helps to ensure that, for example, the cost of environmental degradation is not ignored. Increased public awareness of the real value of benefits provided by ecosystems is essential to develop and implement new public policies for the protection of natural environments. In this perspective the distribution of the gains and losses, across current and future generations, needs to be recognized to adequately determine the real value of ecological services and natural capital.

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