The Economics of Ecosystems and Biodiversity for National and International Policy Makers - Chapter 8: Recognising the value of protected areas

Abstract

Natural capital – our ecosystems, biodiversity, and natural resources – underpins economies, societies and individual well-being. The values of its myriad benefits are, however, often overlooked or poorly understood. They are rarely taken fully into account through economic signals in markets, or in day to day decisions by business and citizens, nor indeed reflected adequately in the accounts of society.