Ecosystem valuation
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Ecosystem valuation is an economic process which assigns a value to an ecosystem and/or its ecosystem services. By quantifying, for example, the human welfare benefits of a forest to reduce flooding a
Figure 1. Example of ecosystem services range for mangrove habitat
Ecological economics
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Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolutio
Ecosystem valuation
…Payment for Ecosystem Services Ecological economics Ecological goods and services…
Conceptual diagram illustrating the idea that the marginal costs of economic growth could surpass its marginal benefits.
Exergy analysis can be performed to find connections between economic value and the physical world. Here the costs of heating (vertical axis) are compared with the exergy content of different energy carriers (horizontal axis). Red dots and trend line indicate energy prices for consumers, blue dots and trend line indicate total price for consumers including capital expenditure for the heating system. Energy carriers included are district heating (D), ground-source heat pump (G), exhaust air heat pump (A), bioenergy meaning firewood (B), heating oil (O) and direct electric heating (E).
The Blue Marble, AS17 148 22727