Amin O. Shammout
I hope this this paper can be helpful ,
Article The Monetary Value of Ecosystem Services Provided by Insects...
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Chuck A Arize
Quantifying Benefits: They provide a framework to quantify the economic value of natural resources and environmental benefits (e.g., clean water, pollination) that ecosystems provide to society. Informed Decision-Making: Economic valuation of ecosystem services informs policy-makers about the costs and benefits of different environmental policies and management strategies. Integration into Policies: Incorporating ecosystem service valuation into policy-making helps prioritize conservation efforts, sustainable development practices, and natural resource management. Market Mechanisms: It supports the development of market-based instruments (e.g., payments for ecosystem services, biodiversity offsets) to incentivize conservation and sustainable use of natural resources.
Ecosystem services play a crucial role in economic valuation and policy-making by:
Overall, ecosystem services provide a tangible link between environmental health and economic prosperity, guiding policies towards more sustainable and equitable outcomes.
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Opeyemi Eyinla
The sustainable activities that reflect a balance relationship between man and the environment which is achieve through proper standard following, and proper auditing of man exercise. It's all revolve round environmental impacts assessment, to mitigate again further damage and also improve the environmental relationship. This has huge reflection on the economic Valuation.
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