Socio-Economic Context of Saving Biodiversity
AbstractSince the beginning of time mankind has depended upon the available natural resources for survival, although the contribution of biodiversity to the sustainable development has recently been acknowledged. The need for this recognition arose from the fact that biodiversity provides a variety of socio- cultural and economic services for the humankind such as food, water, shelter, medicines, energy and aesthetic value. Despite realization of biodiversity as essential factor for human life and welfare, we are facing problems of global nature. Pakistan is fortunate to have a rich biodiversity and is blessed with more than nine distinct ecological zones. These ecological zones provide a range of habitats to a great variety of flora and fauna, besides a vast variety of plant species having great medicinal and food value. However, deforestation, over development, lack of awareness and control measures have negative effects on biodiversity. These actions are leading to loss of species, habitats and degradation of ecosystems. Presently, the rate of regeneration of resources is much slower than the rate at which these natural assets are being consumed inducing a socio-economical recession. There is a need to adopt a sustainable approach towards biodiversity conservation and establish a balance between gains and loss to bridge this gap between resource generation and consumption. Preservation of biodiversity without sustainability could impact the overall economic conditions leading to further poverty and affect the quality of life of the people. This paper thoroughly reviews significance of biodiversity, its socio-economic benefits and problems currently being faced to save this natural wealth.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 48401.
Date of creation: 17 Jul 2013
Date of revision:
Biodiversity; ecological zones; socio-economical gains; sustainability; balance;
Other versions of this item:
- Gul, Ejaz, 2013. "Economic Evaluation of Road Traffic Safety Measures," MPRA Paper 48350, University Library of Munich, Germany.
- Gul, Ejaz, 2013. "URMI and its Integration into a framework for Ethics in Economics," MPRA Paper 48344, University Library of Munich, Germany.
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- Gul, Ejaz, 2013. "Economic Efficacy of Road Traffic Safety Measures," MPRA Paper 48373, University Library of Munich, Germany.
- Gul, Ejaz, 2013. "Economic Risk Exposure of Selected Projects and Risk Attitude of Investors; Evidence from Liberia," MPRA Paper 48221, University Library of Munich, Germany.
- Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
- Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
- Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
This paper has been announced in the following NEP Reports:
- NEP-AGR-2013-07-20 (Agricultural Economics)
- NEP-ALL-2013-07-20 (All new papers)
- NEP-ENV-2013-07-20 (Environmental Economics)
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- #HEJC papers for August 2013
by academichealtheconomists in The Academic Health Economists' Blog on 2013-07-31 23:00:48
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