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Ecosystem services and green growth

  • Vincent, Jeffrey R.
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    "Ecosystem services"has become a catch-phrase for the complex connections between the natural environment and human well-being. This paper considers the impact of changes in the supply of ecosystem services, and programs to increase their supply, on near-term growth of gross domestic product. It focuses on the relationship between locally generated versus transboundary services and growth in developing countries, where the highest rates of ecosystem degradation tend to be found. There is a common perception that there is a tradeoff between environmental protection and economic growth, especially in the near term. This perception can make policymakers reluctant to support environmental protection. Where the environment is a source of economically important services, then environmental protection may stimulate growth of gross domestic product instead of reducing it. The paper considers evidence on the economic value of regulating services; the degree to which ecosystems actually supply some of the services they are commonly assumed to supply; and the near-term growth implications of restoring ecosystems, and reducing their loss. This leads to a discussion on the effectiveness of programs intended to reduce ecosystem loss, with a focus on protected areas and payments for ecosystem services, and the effects of these programs on poverty alleviation.

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    Paper provided by The World Bank in its series Policy Research Working Paper Series with number 6233.

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    Date of creation: 01 Oct 2012
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    Handle: RePEc:wbk:wbrwps:6233
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    1. repec:oup:renvpo:v:6:y::i:1:p:20-44 is not listed on IDEAS
    2. Costello, Christopher & Polasky, Stephen, 2004. "Dynamic reserve site selection," Resource and Energy Economics, Elsevier, vol. 26(2), pages 157-174, June.
    3. Barbier, Edward B., 2010. "Poverty, development, and environment," Environment and Development Economics, Cambridge University Press, vol. 15(06), pages 635-660, December.
    4. Boscolo, Marco & Vincent, Jeffrey R., 2003. "Nonconvexities in the production of timber, biodiversity, and carbon sequestration," Journal of Environmental Economics and Management, Elsevier, vol. 46(2), pages 251-268, September.
    5. Robalino, Juan A., 2007. "Land conservation policies and income distribution: who bears the burden of our environmental efforts?," Environment and Development Economics, Cambridge University Press, vol. 12(04), pages 521-533, August.
    6. Paul Ferraro & Merlin Hanauer, 2011. "Protecting Ecosystems and Alleviating Poverty with Parks and Reserves: ‘Win-Win’ or Tradeoffs?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 48(2), pages 269-286, February.
    7. Potts, Matthew D. & Vincent, Jeffrey R., 2008. "Harvest and extinction in multi-species ecosystems," Ecological Economics, Elsevier, vol. 65(2), pages 336-347, April.
    8. Yoshiyasu Ono, 2009. "The Keynesian Multiplier Effect Reconsidered," ISER Discussion Paper 0730, Institute of Social and Economic Research, Osaka University.
    9. Angus Deaton, 2009. "Instruments of development: Randomization in the tropics, and the search for the elusive keys to economic development," Working Papers 1128, Princeton University, Woodrow Wilson School of Public and International Affairs, Center for Health and Wellbeing..
    10. Karl-Göran Mäler, 1991. "National accounts and environmental resources," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 1(1), pages 1-15, March.
    11. Sims, Katharine R.E., 2010. "Conservation and development: Evidence from Thai protected areas," Journal of Environmental Economics and Management, Elsevier, vol. 60(2), pages 94-114, September.
    12. Costello, Christopher & Ward, Michael, 2006. "Search, bioprospecting and biodiversity conservation," Journal of Environmental Economics and Management, Elsevier, vol. 52(3), pages 615-626, November.
    13. Muller, Jeffrey & Albers, Heidi J., 2004. "Enforcement, payments, and development projects near protected areas: how the market setting determines what works where," Resource and Energy Economics, Elsevier, vol. 26(2), pages 185-204, June.
    14. Subhrendu K. Pattanayak & Sven Wunder & Paul J. Ferraro, 2010. "Show Me the Money: Do Payments Supply Environmental Services in Developing Countries?," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 4(2), pages 254-274, Summer.
    15. McConnell, Kenneth E. & Bockstael, Nancy E., 2006. "Valuing the Environment as a Factor of Production," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 14, pages 621-669 Elsevier.
    16. Dasgupta, Partha, 2003. "Population, poverty, and the natural environment," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 1, chapter 5, pages 191-247 Elsevier.
    17. Bockstael, Nancy E. & Freeman III, A. Myrick, 2006. "Welfare Theory and Valuation," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 12, pages 517-570 Elsevier.
    18. Pattanayak, Subhrendu K. & Kramer, Randall A., 2001. "Worth of watersheds: a producer surplus approach for valuing drought mitigation in Eastern Indonesia," Environment and Development Economics, Cambridge University Press, vol. 6(01), pages 123-146, February.
    19. Paul J. Ferraro & Kathleen Lawlor & Katrina L. Mullan & Subhrendu K. Pattanayak, 2012. "Forest Figures: Ecosystem Services Valuation and Policy Evaluation in Developing Countries," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 6(1), pages 20-44.
    20. Eduardo Cavallo & Ilan Noy, 2009. "The Economics of Natural Disasters - A Survey," Working Papers 200919, University of Hawaii at Manoa, Department of Economics.
    21. Matthew Potts & Jeffrey Vincent, 2008. "Spatial distribution of species populations, relative economic values, and the optimal size and number of reserves," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 39(2), pages 91-112, February.
    22. Robalino, Juan & Villalobos-Fiatt, Laura, 2010. "Conservation Policies and Labor Markets: Unraveling the Effects of National Parks on Local Wages in Costa Rica," Discussion Papers dp-10-02-efd, Resources For the Future.
    23. Polasky, Stephen & Costello, Christopher & Solow, Andrew, 2005. "The Economics of Biodiversity," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 3, chapter 29, pages 1517-1560 Elsevier.
    24. Edward B. Barbier, 2007. "Valuing ecosystem services as productive inputs," Economic Policy, CEPR;CES;MSH, vol. 22, pages 177-229, 01.
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