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On the value of soil biodiversity and ecosystem services

Pascual, Unai; Termansen, Mette; Hedlund, Katarina LU ; Brussaard, Lijbert; Faber, Jack H.; Foudi, Sebastien; Lemanceau, Philippe and Jorgensen, Sisse Liv (2015) In Ecosystem Services 15. p.11-18
Abstract
This paper provides a framework to understand the source of the economic value of soil biodiversity and soil ecosystem services and maps out the pathways of such values. We clarify the link between components of the economic value of soil biodiversity and their associated services of particular relevance to soils. We contend that soil biodiversity and associated ecosystem services give rise to two main additive value components in the context of risk and uncertainty: an output value and an insurance value. These are illustrated with examples from soil ecology and a simple heuristic model. The paper also points towards the challenges of capturing such values highlighting the differences between private (individual) and public (global)... (More)
This paper provides a framework to understand the source of the economic value of soil biodiversity and soil ecosystem services and maps out the pathways of such values. We clarify the link between components of the economic value of soil biodiversity and their associated services of particular relevance to soils. We contend that soil biodiversity and associated ecosystem services give rise to two main additive value components in the context of risk and uncertainty: an output value and an insurance value. These are illustrated with examples from soil ecology and a simple heuristic model. The paper also points towards the challenges of capturing such values highlighting the differences between private (individual) and public (global) sources of value. (C) 2015 Elsevier B.V. All rights reserved. (Less)
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Soil policy, Natural insurance value, Soil ecosystem services, Soil biodiversity
in
Ecosystem Services
volume
15
pages
11 - 18
publisher
Elsevier
external identifiers
  • wos:000363667700002
  • scopus:84955472597
ISSN
2212-0416
DOI
10.1016/j.ecoser.2015.06.002
language
English
LU publication?
yes
id
24144b40-4912-4a3f-ad16-2c33faa36abf (old id 8401068)
date added to LUP
2015-12-21 08:17:32
date last changed
2017-11-19 03:58:44
@article{24144b40-4912-4a3f-ad16-2c33faa36abf,
  abstract     = {This paper provides a framework to understand the source of the economic value of soil biodiversity and soil ecosystem services and maps out the pathways of such values. We clarify the link between components of the economic value of soil biodiversity and their associated services of particular relevance to soils. We contend that soil biodiversity and associated ecosystem services give rise to two main additive value components in the context of risk and uncertainty: an output value and an insurance value. These are illustrated with examples from soil ecology and a simple heuristic model. The paper also points towards the challenges of capturing such values highlighting the differences between private (individual) and public (global) sources of value. (C) 2015 Elsevier B.V. All rights reserved.},
  author       = {Pascual, Unai and Termansen, Mette and Hedlund, Katarina and Brussaard, Lijbert and Faber, Jack H. and Foudi, Sebastien and Lemanceau, Philippe and Jorgensen, Sisse Liv},
  issn         = {2212-0416},
  keyword      = {Soil policy,Natural insurance value,Soil ecosystem services,Soil biodiversity},
  language     = {eng},
  pages        = {11--18},
  publisher    = {Elsevier},
  series       = {Ecosystem Services},
  title        = {On the value of soil biodiversity and ecosystem services},
  url          = {http://dx.doi.org/10.1016/j.ecoser.2015.06.002},
  volume       = {15},
  year         = {2015},
}