Understanding changes in business strategies regarding biodiversity and ecosystem services
Business activities play a major role in biodiversity loss so that firms are under increasing pressures from stakeholders to mitigate their negative impacts on ecosystems. As business attitudes, policies and behaviors regarding biodiversity and ecosystem services (BES) progressively change, a better understanding of how business strategies may be framed and implemented is required. In the first part of this paper, we discuss how biodiversity is usually understood as an external environmental constraint on business activities, and how this perception influences arbitrages. We then discuss how assessing BES interdependencies (impacts and dependencies) may bring about new business strategies and needs: we explore the opportunities and challenges of emerging mechanisms of payments for ecosystem services and expose the need for standardized sets of indicators at different scales for the effective management of their BES dependencies and impacts.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:73:y:2012:i:c:p:37-46. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If references are entirely missing, you can add them using this form.