Natural capital should be preserved because it exhibits features that distinguish it from all other kinds of capital. The notorious prevalence of risk, uncertainty and ignorance makes it difficult, however, to state which parts of it should be preserved. Some forms of natural capital are more...

Commercial cattle farming in Namibia, a prime example of livestock farming in semi-arid rangelands, is subject to a variety of risks, predominant among which is precipitation risk. At the same time it suffers from rangeland degradation that is at least partly due to inadequate management. We...

We analyze a dynamic and stochastic ecological-economic model of grazing management in semi-arid rangelands. The non-equilibrium ecosystem is driven by stochastic precipitation. A risk averse farmer chooses a grazing management strategy under uncertainty such as to maximize expected utility from...

We analyze a dynamic and stochastic ecological-economic model of grazing management in semi-arid range lands. The non-equilibrium ecosystem is driven by stochastic precipitation. A risk averse farmer chooses a grazing management strategy under uncertainty such as to maximize expected utility...

In the context of decision making, the main challenge is the assessment of changes in natural capital stocks due to conversion of ecosystems for development purposes. Ecosystems are basically a spatial concept, so the natural approach is to use GIS to evaluate land cover changes. Basic economic...

In this paper we investigate the existence and evolution of bioeconomic projects of OMV Group, a major global player in the oil and gas industry. We further study the intellectual capital components utilized by OMV Group in supporting these bioeconomic actions. We conduct a longitudinal case...

Green jobs creation is the main element in the implementation of bioeconomy mechanisms along with other factors, such as gross domestic product (GDP), environmental protection and national security. The aim of this paper is to develop a profile of companies willing to create new jobs. Its...

In the present society, the concept of bioeconomy emerged due to the need for a sustainable and responsible change regarding the impact mitigation of several factors on the environment. The rising consumption and the resulting emission of pollutants are interconnected with both economic and...

We analyse the state of the environment for 24 EU member states, using the concept of ecological footprint. Findings suggest that 20 of the 24 analysed states are pushing their environment past its yearly regenerative limits. Of these, 10 have surpassed this value by at least two-fold. A few...

This research examines selected Community Ecotourism projects in the Amboró National Park in Bolivia, which have been established by local environmental NGOs. The objective is to investigate the impact of these projects on the livelihoods and social relations in the communities. The main...