Pricing the Environment
In a world where money talks and everything else listens we are increasingly forced to put a price on the priceless in order to save it, however arbitrary those costs may be. A recent report from UNEP has recently valued coral reefs....
"Coral Reefs Cheaper to Protect than Neglect, UN Finds" (from ENN.com, from Reuters)
"Coral Reefs Cheaper to Protect than Neglect, UN Finds" (from ENN.com, from Reuters)
posted by Amy Marpman at
08:23
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2 Comments:
Good post, but don't you think that by valuing these coral reefs, they can be protected more effectively? Also, if cost-benefit analysis was not done by the UNEP, what should they be doing? Multi-crieria analysis?
I like this blog so I've added it to my blogroll: http://environ-econ.blogspot.com/
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Anonymous, at 04:17
Valuing the enviroment is ridiculous you can't quantify what doesn't posses this quality. It's a very muddy theme.
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