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Robert Costanza

Publications and source records attributed to Robert Costanza.

8 recordsLinked to original sources

Thinking broadly about costs and benefits in ecological management.

Decisions regarding both human and natural systems often involve either explicit or implicit consideration of relative costs and benefits. These costs and benefits, however, go well beyond those captured in conventional economic cost-benefit analysis. It is not so much the mere consideration of costs and benefits that hampers cost-benefit analysis but, rather, the narrowness and incompleteness of the subset of costs and benefits that are usually considered. To use cost-benefit analysis for social decision making, one needs to think very broadly about which categories of costs and benefits need to be addressed (including effects on built, human, social, and natural capital as well as sustainable well-being) and deal with the inherent uncertainty and imprecision attached to many of the more important categories. One needs to consider the full range of possible values and valuation methods, to shift the burden of proof to the parties that stand to gain from the decision, to deal with the distributional consequences of decisions, and to be clear about the social goals being served by the decision. Failure to think broadly enough about costs and benefits leads to decisions that serve only narrow special interests, not the sustainable well-being of society as a whole.

Conservation of Natural Resources↗

Environmental policy: regional commitment to reducing emissions.

The non-participation of the United States in the recently ratified Kyoto Protocol is a matter for global concern because it is estimated that the country produces 24% of all greenhouse-gas emissions worldwide. Here we analyse the commitment of individual states and municipalities to addressing this problem and find that, despite the federal policy, between 24 and 35% of the US population are currently (or soon will be) engaged in policies directed towards significantly reducing anthropogenic climate change. The importance of this sub-national effort, which we estimate corresponds to 27-49% of the gross domestic product, will depend--like the targets adopted in Kyoto--on the real reductions achieved in greenhouse-gas emissions.

Journal Article↗

Economic reasons for conserving wild nature.

On the eve of the World Summit on Sustainable Development, it is timely to assess progress over the 10 years since its predecessor in Rio de Janeiro. Loss and degradation of remaining natural habitats has continued largely unabated. However, evidence has been accumulating that such systems generate marked economic benefits, which the available data suggest exceed those obtained from continued habitat conversion. We estimate that the overall benefit:cost ratio of an effective global program for the conservation of remaining wild nature is at least 100:1.

Agriculture↗

Social goals and the valuation of natural capital.

Valuation ultimately refers to the contribution of an item to meeting a specific goal or objective. Conventional economic valuation is based on the goal of allocative efficiency. But other social goals may be equally, if not more, important. For example, the goals of social fairness and ecological sustainability have been identified as being at least of the same level of importance as allocative efficiency. This paper looks at the role of social goals in determining the basis for valuation of natural capital and ecosystem services, and sketches the characteristics of a system of valuation that would give equal weight to all three of the major social goals mentioned above. It also places these goals within a more comprehensive conceptual model of the economy and its relationship to the ecological life support system in which it is embedded.

Conservation of Natural Resources↗

Mediated modeling of the impacts of enhanced UV-B radiation on ecosystem services.

This article describes the use of group model building to facilitate interaction with stakeholders, synthesize research results and assist in the development of hypotheses about climate change at the global level in relation to UV-B radiation and ecosystem service valuation. The objective was to provide a platform for integration of the various research components within a multidisciplinary research project as a basis for interaction with stakeholders with backgrounds in areas other than science. An integrated summary of the scientific findings, along with stakeholder input, was intended to produce a bridge between science and policymaking. We used a mediated modeling approach that was implemented as a pilot project in Ushuaia, Argentina. The investigation was divided into two participatory workshops: data gathering and model evaluation. Scientists and the local stakeholders supported the valuation of ecosystem services as a useful common denominator for integrating the various scientific results. The concept of economic impacts in aquatic and marsh systems was represented by values for ecosystem services altered by UV-B radiation. In addition, direct local socioeconomic impacts of enhanced UV-B radiation were modeled, using data from Ushuaia. We worked with 5 global latitudinal regions, focusing on net primary production and biomass for the marine system and on 3 plant species for the marsh system. Ecosystem service values were calculated for both sectors. The synthesis model reflects the conclusions from the literature and from experimental research at the global level. UV-B is not a significant stress for the marshes, relative to the potential impact of increases in the sea level. Enhanced UV-B favors microbial dynamics in marine systems that could cause a significant shift from primary producers to bacteria at the community level. In addition, synergetic effects of UV-B and certain pollutants potentiate the shift to heterotrophs. This may impact the oceanic carbon cycle by increasing the ratio of respiratory to photosynthetic organisms in surface waters and, thus, the role of the ocean as a carbon sink for atmospheric CO2. In summary, although changes in the marine sector due to anthropogenic influences may affect global climate change, marshes are expected to primarily be affected by climate change.

Animals↗