The Value of Nature and the Nature of Value

@article{Daily2000TheVO,
  title={The Value of Nature and the Nature of Value},
  author={Gretchen C. Daily and Tore S{\"o}derqvist and Sara Aniyar and Kenneth J. Arrow and Partha Dasgupta and Paul R. Ehrlich and Carl Folke and Annmari Jansson and B. O. Jansson and Nils Kautsky and Simon Levin and Jane Lubchenco and K-G. M{\"a}ler and David Simpson and David A. Starrett and David Tilman and Brian W. Walker},
  journal={Science},
  year={2000},
  volume={289},
  pages={395 - 396}
}
Ecosystems are capital assets: When properly managed, they yield a flow of vital goods and services. Relative to other forms of capital, however, ecosystems are poorly understood, scarcely monitored, and--in many important cases--undergoing rapid degradation. The process of economic valuation could greatly improve stewardship. This potential is now being realized with innovative financial instruments and institutional arrangements. 

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