To decide on the policy measures to be implemented, policymakers need comprehensive information on the costs and benefits of land conversion for society. Accordingly, the EU Biodiversity Strategy requires the member countries to assess their ecosystems and the economic value of their ecosystem...

The need for energy due to economic and population pressure has resulted in a great expansion of hydroelectric dam projects around the world, especially in Asia. These hydroelectric projects have resulted in considerable environmental, economic, and social damage. Typically, the economic...

This article provides a thick description (Geertz, 1973) of sustainability economics. Baumgärtner and Quaas (2010a, b) have proposed as an alternative to ecological economics the new field of sustainability economics, which has triggered various replies. The purpose here is to order and to...

This study uses the directional output distance function, a multi-output economic production frontier model, to value the physical tradeoffs between agricultural production and wetland condition in the U.S. Mid-Atlantic region Nanticoke River watershed. We combine detailed ecological indicator...

Climate change scenarios predict an increase of extreme rain events, which will increase the risk of wastewater flooding and of missing legal water quality targets. This study elicits the willingness to pay to reduce ecological and health risks from combined sewer overflows (CSOs) in rivers and...

Ecosystem services valuation has achieved considerable prominence in research and policy circles in recent years. This paper reviews the studies that have tried to estimate the value of forest ecosystem services. Broadly, this study addresses the following questions: (1) What insights do these...

We examine the intertemporal effect of environmental performance on financial performance and propose a method to assess the environmental performance in a fuller manner based on the weighting various pollutants according to their dangerousness to environment. Using our improved measures of...

The introduction of invasive alien species (IAS) is generally acknowledged to depend both on the propagule pressure imposed by openness to international trade and on the health of the receiving ecosystem. Bio-geographic factors however play a crucial role in determining the level of risk...

The use of economic incentives for biodiversity (mostly Compensation and Reward for Environmental Services including Payment for ES) has been widely supported in the past decades and became the main innovative policy tools for biodiversity conservation worldwide. These policy tools are often...

Agenda 21 required countries to develop and regularly update a national set of indicators for sustainable development. Several countries now have such sets also including separate indicators for climate change. Some of these indicators typically report global concentration of green house gasses...