Debating Nature's Value: The Concept of 'Natural Capital'

Description

The concept of 'Natural Capital' has come to play a central role in current debates about biodiversity and nature conservation. It implies an approach to the natural world based on the valuation of places and species in terms of money. This is, in a variety of ways, both attractive and problematic. This edited collection comprehensively discusses the issues raised by the concept of 'Natural Capital', with contributors presenting not only arguments for and against the widespread adoption of the idea, but also viewpoints arguing for nuanced, pragmatic and middle-ground positions. Front Matter ....Pages i-xiii Introduction (Victor Anderson)....Pages 1-4 Natural Capital and the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (Lenke Balint, Aled Jones)....Pages 5-15 A Micro ‘Case Study’: Critiquing the Economics of Ecosystems and Biodiversity (Rupert Read, Tom Greaves)....Pages 17-23 The Natural Capital Protocol (Samir Whitaker)....Pages 25-38 Debating Nature’s Value: The Role of Monetary Valuation (Rob Tinch)....Pages 39-47 Is the Concept of ‘Natural Capital’ Useful? (Tom H. Oliver)....Pages 49-54 How Should We Value Nature? (Sandra Bell)....Pages 55-60 Natural Capital: The Risks of Losing Sight of Nature (Rebecca Clark)....Pages 61-67 Some Difficulties of Measurement (Victor Anderson)....Pages 69-73 Who Should Value Nature? (Dario Kenner)....Pages 75-88 ‘Natural Capital’: Ontology or Analogy? (Jenneth Parker)....Pages 89-101 ‘Natural Capital’ and the Tragedy of Environmental Value (John Foster)....Pages 103-116 The Role of “Natural Capital” in the Debate About Biodiversity (Victor Anderson)....Pages 117-124 Back Matter ....Pages 125-126