What’s Nature Worth to You? - The Value of “Ecosystem Services”

There is a growing movement to assess the value–in dollar terms–of “ecosystem services” such as storm protection (from salt marshes), pollination of crops (from bee colonies and insects), natural predation of harmful insects and parasites (by birds, bats and other animals), fertilizer from animal feces, fish in the oceans, clean water and air, and cooling/greenhouse gas-controlling forests, etc.

This movement has been gaining steam–especially with the recent loss of 40% of U.S. bee colonies by a mysterious virus (causing billions of dollars in lost crops), and the devastation wrought by hurricane Katrina (largely due to the human destruction of natural buffers like salt marshes and sand bars).

Earlier this year, in the journal Frontiers in Ecology and the Environment, Peter Kareiva et al, published a call for renewed efforts to put a dollar figure on the value of nature’s services. Putting a price on such services (defined as any function of the natural world that we benefit from) is extremely tricky and difficult, but not putting any price at all on these services, in the view of the authors, seems a serious mistake.

Kareiva, chief scientist at The Nature Conservancy, elaborated on this idea: “In this world, cost benefit analysis and dollars are how decisions get made…When nature and the benefits that nature [provides] are not converted to dollars then it can’t be on the table for those discussions and, in a way, nature’s not getting credit for what it’s doing.” (quoted from a February, 5, 2009 podcast report by David Biello for Scientific American)

The time has come to credit Nature for what it does for us. Not to do so, the authors argue, is to devalue Nature, and thus to encourage our collective ignorance and misuse/abuse of its services.

photo credit: Jon Sullivan, public domain

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