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On the value of soil biodiversity and ecosystem services

Author

Listed:
  • Pascual, Unai
  • Termansen, Mette
  • Hedlund, Katarina
  • Brussaard, Lijbert
  • Faber, Jack H.
  • Foudi, Sébastien
  • Lemanceau, Philippe
  • Jørgensen, Sisse Liv

Abstract

This paper provides a framework to understand the source of the economic value of soil biodiversity and soil ecosystem services and maps out the pathways of such values. We clarify the link between components of the economic value of soil biodiversity and their associated services of particular relevance to soils. We contend that soil biodiversity and associated ecosystem services give rise to two main additive value components in the context of risk and uncertainty: an output value and an insurance value. These are illustrated with examples from soil ecology and a simple heuristic model. The paper also points towards the challenges of capturing such values highlighting the differences between private (individual) and public (global) sources of value.

Suggested Citation

  • Pascual, Unai & Termansen, Mette & Hedlund, Katarina & Brussaard, Lijbert & Faber, Jack H. & Foudi, Sébastien & Lemanceau, Philippe & Jørgensen, Sisse Liv, 2015. "On the value of soil biodiversity and ecosystem services," Ecosystem Services, Elsevier, vol. 15(C), pages 11-18.
  • Handle: RePEc:eee:ecoser:v:15:y:2015:i:c:p:11-18
    DOI: 10.1016/j.ecoser.2015.06.002
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    References listed on IDEAS

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    1. Fisher, Brendan & Turner, R. Kerry & Morling, Paul, 2009. "Defining and classifying ecosystem services for decision making," Ecological Economics, Elsevier, vol. 68(3), pages 643-653, January.
    2. Dominati, Estelle & Patterson, Murray & Mackay, Alec, 2010. "A framework for classifying and quantifying the natural capital and ecosystem services of soils," Ecological Economics, Elsevier, vol. 69(9), pages 1858-1868, July.
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    7. Amani Omer & Unai Pascual & Noel P. Russell, 2007. "Biodiversity Conservation and Productivity in Intensive Agricultural Systems," Journal of Agricultural Economics, Wiley Blackwell, vol. 58(2), pages 308-329, June.
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    14. 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.
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    Cited by:

    1. Bartkowski, Bartosz, 2016. "Are diverse ecosystems more valuable? A conceptual framework for economic valuation of biodiversity," UFZ Discussion Papers 9/2016, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    2. repec:eee:ecolec:v:144:y:2018:i:c:p:65-72 is not listed on IDEAS
    3. repec:eee:ecoser:v:33:y:2018:i:pa:p:29-39 is not listed on IDEAS
    4. Bartkowski, Bartosz, 2016. "Are diverse ecosystems more valuable? A conceptual framework of the economic value of biodiversity," 90th Annual Conference, April 4-6, 2016, Warwick University, Coventry, UK 236293, Agricultural Economics Society.
    5. repec:gam:jsusta:v:10:y:2018:i:9:p:3179-:d:167995 is not listed on IDEAS
    6. repec:eee:ecolec:v:146:y:2018:i:c:p:588-596 is not listed on IDEAS
    7. repec:eee:ecolec:v:159:y:2019:i:c:p:291-300 is not listed on IDEAS
    8. repec:gam:jsusta:v:10:y:2018:i:7:p:2447-:d:157731 is not listed on IDEAS
    9. repec:eee:ecoser:v:24:y:2017:i:c:p:50-57 is not listed on IDEAS

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