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.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sarr, Mare & Goeschl, Timo & Swanson, Tim, 2008. "The value of conserving genetic resources for R&D: A survey," Ecological Economics, Elsevier, vol. 67(2), pages 184-193, September.
- Christophe Depres & Gilles Grolleau & Naoufel Mzoughi, 2008.
"Contracting for Environmental Property Rights: The Case of Vittel,"
London School of Economics and Political Science, vol. 75(299), pages 412-434, 08.
- Depres, Christophe & Grolleau, Gilles & Mzoughi, Naoufel, 2005. "Contracting for Environmental Property Rights: The Case of Vittel," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24729, European Association of Agricultural Economists.
- Troy, Austin & Wilson, Matthew A., 2006. "Mapping ecosystem services: Practical challenges and opportunities in linking GIS and value transfer," Ecological Economics, Elsevier, vol. 60(2), pages 435-449, December.
- de Groot, Rudolf S. & Wilson, Matthew A. & Boumans, Roelof M. J., 2002. "A typology for the classification, description and valuation of ecosystem functions, goods and services," Ecological Economics, Elsevier, vol. 41(3), pages 393-408, June.
- Boyd, Gale A. & McClelland, John D., 1999. "The Impact of Environmental Constraints on Productivity Improvement in Integrated Paper Plants," Journal of Environmental Economics and Management, Elsevier, vol. 38(2), pages 121-142, September.
- George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
- Dunford, Richard W. & Ginn, Thomas C. & Desvousges, William H., 2004. "The use of habitat equivalency analysis in natural resource damage assessments," Ecological Economics, Elsevier, vol. 48(1), pages 49-70, January.
- Franz Hackl & Martin Halla & Gerald J. Pruckner, 2007. "Local compensation payments for agri-environmental externalities: a panel data analysis of bargaining outcomes," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 34(3), pages 295-320, September.
- R. Turner & G. Daily, 2008. "The Ecosystem Services Framework and Natural Capital Conservation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 39(1), pages 25-35, January.
- Simpson, R David & Sedjo, Roger A & Reid, John W, 1996. "Valuing Biodiversity for Use in Pharmaceutical Research," Journal of Political Economy, University of Chicago Press, vol. 104(1), pages 163-185, February.
- Paul Lanoie & Jérémy Laurent‐Lucchetti & Nick Johnstone & Stefan Ambec, 2011. "Environmental Policy, Innovation and Performance: New Insights on the Porter Hypothesis," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 20(3), pages 803-842, 09.
- Paul Lanoie & Jérémy Laurent-Lucchetti & Nick Johnstone & Stefan Ambec, 2007. "Environmental Policy, Innovation and Performance : New Insights on the Porter Hypothesis," Cahiers de recherche 07-06, HEC Montréal, Institut d'économie appliquée.
- Lanoie, P. & Laurent-Lucchetti, L. & Johnstone, N. & Ambec, S., 2007. "Environmental policy, innovation and performance : new insights on the Porter hypothesis," Working Papers 200706, Grenoble Applied Economics Laboratory (GAEL).
- Paul Lanoie & Nick Johnstone & Stefan Ambec & Jérémy Laurent-Lucchetti, 2007. "Environmental Policy, Innovation and Performance: New Insights on the Porter Hypothesis," CIRANO Working Papers 2007s-19, CIRANO.
- Kumar, Manasi & Kumar, Pushpam, 2008. "Valuation of the ecosystem services: A psycho-cultural perspective," Ecological Economics, Elsevier, vol. 64(4), pages 808-819, February.
- Costanza, Robert & Fisher, Brendan & Mulder, Kenneth & Liu, Shuang & Christopher, Treg, 2007. "Biodiversity and ecosystem services: A multi-scale empirical study of the relationship between species richness and net primary production," Ecological Economics, Elsevier, vol. 61(2-3), pages 478-491, March.
- Bazin, Damien, 2009. "What exactly is corporate responsibility towards nature?: Ecological responsibility or management of nature?: A pluri-disciplinary standpoint," Ecological Economics, Elsevier, vol. 68(3), pages 634-642, January.
- Farber, Stephen C. & Costanza, Robert & Wilson, Matthew A., 2002. "Economic and ecological concepts for valuing ecosystem services," Ecological Economics, Elsevier, vol. 41(3), pages 375-392, June.
- Adam B. Jaffe & Karen Palmer, 1997. "Environmental Regulation And Innovation: A Panel Data Study," The Review of Economics and Statistics, MIT Press, vol. 79(4), pages 610-619, November.
- Adam B. Jaffe & Karen Palmer, 1996. "Environmental Regulation and Innovation: A Panel Data Study," NBER Working Papers 5545, National Bureau of Economic Research, Inc.
- Barbara Aretino & Paula Holland & Anna Matysek & Deborah Peterson, 2001. "Cost Sharing for Biodiversity Conservation: A Conceptual Framework," Others 0105001, EconWPA.
- Wilson, Matthew A. & Hoehn, John P., 2006. "Valuing environmental goods and services using benefit transfer: The state-of-the art and science," Ecological Economics, Elsevier, vol. 60(2), pages 335-342, December.
- Turner, R. Kerry & Paavola, Jouni & Cooper, Philip & Farber, Stephen & Jessamy, Valma & Georgiou, Stavros, 2003. "Valuing nature: lessons learned and future research directions," Ecological Economics, Elsevier, vol. 46(3), pages 493-510, October.
- Ivo Mulder & Thomas Koellner, 2011. "Hardwiring green: how banks account for biodiversity risks and opportunities," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 1(2), pages 103-120, April.
- Azqueta, Diego & Sotelsek, Daniel, 2007. "Valuing nature: From environmental impacts to natural capital," Ecological Economics, Elsevier, vol. 63(1), pages 22-30, June.
- Goldman, Rebecca L. & Thompson, Barton H. & Daily, Gretchen C., 2007. "Institutional incentives for managing the landscape: Inducing cooperation for the production of ecosystem services," Ecological Economics, Elsevier, vol. 64(2), pages 333-343, December.
- Zabel, Astrid & Roe, Brian, 2009. "Optimal design of pro-conservation incentives," Ecological Economics, Elsevier, vol. 69(1), pages 126-134, November.
- Heal, G., 1998. "Valuing the Future: Economic Theory and Sustainability," Papers 98-10, Columbia - Graduate School of Business.
- Riordan, Michael H. & Williamson, Oliver E., 1985. "Asset specificity and economic organization," International Journal of Industrial Organization, Elsevier, vol. 3(4), pages 365-378, December.
- Dasgupta, Partha, 2001. "Human Well-Being and the Natural Environment," OUP Catalogue, Oxford University Press, number 9780199247882, April.
- Williamson, Oliver E, 1981. "The Modern Corporation: Origins, Evolution, Attributes," Journal of Economic Literature, American Economic Association, vol. 19(4), pages 1537-1568, December.
- Roach, Brian & Wade, William W., 2006. "Policy evaluation of natural resource injuries using habitat equivalency analysis," Ecological Economics, Elsevier, vol. 58(2), pages 421-433, June.
- Curtis, Ian A., 2004. "Valuing ecosystem goods and services: a new approach using a surrogate market and the combination of a multiple criteria analysis and a Delphi panel to assign weights to the attributes," Ecological Economics, Elsevier, vol. 50(3-4), pages 163-194, October.
- Howarth, Richard B. & Farber, Stephen, 2002. "Accounting for the value of ecosystem services," Ecological Economics, Elsevier, vol. 41(3), pages 421-429, June.
- Cormier, Denis & Magnan, Michel & Morard, Bernard, 1993. "The impact of corporate pollution on market valuation: some empirical evidence," Ecological Economics, Elsevier, vol. 8(2), pages 135-155, October.
- Michael E. Porter & Claas van der Linde, 1995. "Toward a New Conception of the Environment-Competitiveness Relationship," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 97-118, Fall.
- repec:raf:wpaper:b14956 is not listed on IDEAS
- Pascual, Unai & Muradian, Roldan & Rodríguez, Luis C. & Duraiappah, Anantha, 2010. "Exploring the links between equity and efficiency in payments for environmental services: A conceptual approach," Ecological Economics, Elsevier, vol. 69(6), pages 1237-1244, April.
- Joël Houdet & Charlotte Pavageau & Michel Trommetter & Jacques Weber, 2009. "Accounting for changes in biodiversity and ecosystem services from a business perspective," Working Papers hal-00434450, HAL.
- Aretino, Barbara & Holland, Paula & Matysek, Anna & Peterson, Deborah C., 2001. "Cost Sharing for Biodiversity Conservation: A Conceptual Framework," Staff Research Papers 31915, Productivity Commission. Full references (including those not matched with items on IDEAS)
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: (Dana Niculescu)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.