Assigning Value to Biodiversity, and the 2011 Human Development Report
New research in the journal
BioScience reports the aggregate economic benefits of conserving high priority biodiversity areas outweigh the opportunity costs of alternative land uses by a multiple of three (where priority is assigned according to a global index of the mapped distributions of 4,388 threatened terrestrial species). The authors of “
Global Biodiversity Conservation and the Alleviation of Poverty,” led by
Will Turner, estimate the value of highly diverse habitats to the global poor in terms of direct benefits and potential external payments for ecosystem services. They find these environmental flows in excess of $1 per person, per day, for 331 million of the world’s poorest individuals and conclude by arguing that, “although trade-offs remain…results show win-win synergies…and suggest biodiversity conservation as a fundamental component of
sustainable economic development.” (For further discussion of development around biodiversity hotspots, see
Population Action International’s work on population growth.)