Chapter Four. The Economic Valuation of Urban Ecosystem Services
Dodo J THAMPAPILLAILee Kuan Yew School of Public Policy, National University of Singapore
“‘Would the benefits of development exceed the benefits of preserving the wooded area’? The indiscriminate adoption of the cost–benefit criterion in such instances is inevitably flawed. This is because decision-making of this vein overlooks important linkages between the ecosystem and the (urban) economy. The most vital linkage to be acknowledged is the premise that any economy – urban or otherwise – could not exist without a minimal threshold level of ecosystem support. Very often the value ...
Get Environment and Climate Change in Asia: Ecological Footprints and Green Prospects now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
