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Understanding changes in business strategies regarding biodiversity and ecosystem services

Author

Listed:
  • Joël Houdet

    (A@L Integrated Sustainability Services - Partenaires INRAE)

  • Michel Trommetter

    (GAEL - Laboratoire d'Economie Appliquée = Grenoble Applied Economics Laboratory - UPMF - Université Pierre Mendès France - Grenoble 2 - INRA - Institut National de la Recherche Agronomique)

  • Jacques Weber

    (Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement)

Abstract

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, the authors discuss how biodiversity is usually understood as an external environmental constraint on business activities, and how this perception influences arbitrages. They then discuss how assessing BES interdependencies (impacts and dependencies) may bring about new business strategies and needs: they 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.

Suggested Citation

  • Joël Houdet & Michel Trommetter & Jacques Weber, 2012. "Understanding changes in business strategies regarding biodiversity and ecosystem services," Post-Print hal-02650913, HAL.
    • Handle: RePEc:hal:journl:hal-02650913
    DOI: 10.1016/j.ecolecon.2011.10.013
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