Beyond Money Metrics: Alternative Approaches to Conceptualising and Assessing Ecosystem Services

Purushothaman, Seema and Thomas, BejoyK and Abraham, Rosa and Dhar, Uppeandra (2013) Beyond Money Metrics: Alternative Approaches to Conceptualising and Assessing Ecosystem Services. Conservation and Society, 11 (4). p. 321. ISSN 0972-4923

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Abstract

The concept and valuation of ecosystem services have emerged as growing and dynamic areas of research over the past few years. The adoption of these ideas and methods into mainstream policy discussions and practice has occurred at a rapid pace. Conventionally, the valuation of ecosystem services has been synonymous with estimating the economic (monetary) value of these services. However, monetisation has limitations that need to be acknowledged before it is adopted in policies. In addition, the socio-political and institutional dimensions of ecosystem services are largely overlooked in the debate. Against this backdrop, the Indian Society for Ecological Economics (INSEE) has put together this special section to critically review the current thinking and practices surrounding ecosystem services and to present emerging alternative approaches.

Item Type:	Article
Authors:	Purushothaman, Seema and Thomas, BejoyK and Abraham, Rosa and Dhar, Uppeandra
Document Language:	Language English
Uncontrolled Keywords:	ecosystem services, valuation, non-monetary dimensions, Millennium Ecosystem Assessment, environmental valuation, non-market valuation, ecological economics
Subjects:	Social sciences Social sciences > Economics Social sciences > Public administration > Administration of economy & environment
Divisions:	Azim Premji University - Bengaluru > School of Arts and Sciences
Full Text Status:	Restricted
Related URLs:	https://www.jstor.org/stable/26393129
URI:	http://publications.azimpremjiuniversity.edu.in/id/eprint/7124
Publisher URL:	https://doi.org/10.4103/0972-4923.125739

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