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Value Of Earth
The value of Earth, i.e. the net worth of our planet, is a debated concept both in terms of the definition of value, as well as the scope of "Earth". Since most of the planet's substance is not available as a resource, "earth" has been equated with the sum of all ecosystem services as evaluated in ecosystem valuation or full-cost accounting. The price on the services that the world's ecosystems provide to humans has been estimated in 1997 to be $33 trillion per annum, with a confidence interval of from $16 trillion to $54 trillion. Compared with the combined gross national product (GNP) of all the countries at about the same time ($18 trillion) ecosystems would appear to be providing 1.8 times as much economic value as people are creating. The result details have been questioned, in particular the GNP, which is believed to be closer to $28 trillion (which makes ecosystem services only 1.2 times as precious), while the basic approach was readily acknowledged. The World Ba ...
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BBC Earth
BBC Earth is a brand used by BBC Studios since 2009 to market and distribute the BBC's natural history content to countries other than the United Kingdom. BBC Studios is the commercial arm of the public service broadcaster. BBC Earth commercially represents the BBC Natural History Unit, the largest wildlife documentary production house in the world. It is part of British Broadcasting Corporation. BBC Earth is responsible for the worldwide marketing and distribution of titles such as ''Planet Earth'', ''Frozen Planet'', ''Life'', ''The Blue Planet'', and ''Planet Earth II''. It has generated sales to over 180 countries. The BBC Earth brand is used across a range of media platforms, including concert-style documentary viewings with a live orchestra and interactive experiences at museums and theme parks. Its website was relaunched in 2010 incorporating a new consumer-facing site "Life Is" which features a bi-monthly magazine style update and a blog. The brand is also used for new ...
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Natural Capital
Natural capital is the world's stock of natural resources, which includes geology, soils, air, water and all living organisms. Some natural capital assets provide people with free goods and services, often called ecosystem services. All of these underpin our economy and society, and thus make human life possible. It is an extension of the economic notion of capital (resources which enable the production of more resources) to goods and services provided by the natural environment. For example, a well-maintained forest or river may provide an indefinitely sustainable flow of new trees or fish, whereas over-use of those resources may lead to a permanent decline in timber availability or fish stocks. Natural capital also provides people with essential services, like water catchment, erosion control and crop pollination by insects, which in turn ensure the long-term viability of other natural resources. Since the continuous supply of services from the available natural capital as ...
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Ecological Values Of Mangroves
Mangrove ecosystems represent natural capital capable of producing a wide range of goods and services for coastal environments and communities and society as a whole. Some of these outputs, such as timber, are freely exchanged in formal markets. Value is determined in these markets through exchange and quantified in terms of price. Mangroves are important for aquatic life and home for many species of fish. Ecological values The ecological values of mangroves in most tropical countries have been qualitatively well documented and recognised. However, there is little quantitative scientific data to back this up. Most of the evidence is observational and anecdotal. Marine fisheries Mangroves provide nursery habitat for many wildlife species, including commercial fish and crustaceans, and thus contribute to sustaining the local abundance of fish and shellfish populations. In Selangor, Malaysia, 119 species were recorded as associated with mangrove ecosystems while 83 species w ...
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Earth Economics
Earth Economics is a 501(c)(3) non-profit headquartered in Tacoma, Washington, United States. The organization uses natural capital valuation to help decision makers and local stakeholders understand the value of natural capital assets. By identifying, monetizing, and valuing natural capital and ecosystem services, Earth Economics goal is to help communities and organizations make investment and policy decisions. The organization has a small in-house staff of economists. Approach Earth Economics' current mission states, "We quantify and value the benefits nature provides. Our work drives effective decisions and systemic change through a combination of education, natural capital analysis, and policy recommendations." According to its website, Earth Economics offers "a pragmatic, collaborative approach to help organizations make sound investment and policy decisions that mitigate risk, add value, and build resilience by taking nature into account." The organization currently foc ...
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Willingness To Pay
In behavioral economics, willingness to pay (WTP) is the maximum price at or below which a consumer will definitely buy one unit of a product.Varian, Hal R. (1992), Microeconomic Analysis, Vol. 3. New York: W.W. Norton. This corresponds to the standard economic view of a consumer reservation price. Some researchers, however, conceptualize WTP as a range. According to the constructive preference view, consumer willingness to pay is a context-sensitive construct; that is, a consumer's WTP for a product depends on the concrete decision context. For example, consumers tend to be willing to pay more for a soft drink in a luxury hotel resort in comparison to a beach bar or a local retail store. See also * Cost-benefit analysis * Welfare economics Welfare economics is a branch of economics that uses microeconomic techniques to evaluate well-being (welfare) at the aggregate (economy-wide) level. Attempting to apply the principles of welfare economics gives rise to the field of ...
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Gross World Product
The gross world product (GWP) is the combined gross national income of all the countries in the world. Because imports and exports balance exactly when considering the whole world, this also equals the total global gross domestic product (GDP).See measures of national income and output for more details. According to the World Bank, the 2013 nominal GWP was approximately 75.59 trillion United States dollars. In 2017, according to the CIA's ''World Factbook'', the GWP was around $80.27 trillion in nominal terms and totaled approximately 127.8 trillion international dollars in terms of purchasing power parity (PPP). The per capita PPP GWP in 2017 was approximately 17,500 international dollars according to the ''World Factbook''. According to the World Bank, the 2020 GWP in current dollars was approximately $84.705 trillion. Recent growth The table below gives recent percentage values for overall GWP growth from 2006 through 2020, as well as an estimate for 2021, a ...
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United Nations Environment Programme World Conservation Monitoring Centre
The UN Environment Programme World Conservation Monitoring Centre (UNEP-WCMC) is a collaboration centre of UN Environment Programme, based in Cambridge in the United Kingdom. UNEP-WCMC has been part of UN Environment Programme since 2000, and has responsibility for biodiversity assessment and support to policy development and implementation. The World Conservation Monitoring Centre was previously an independent organisation jointly managed by IUCN, UN Environment Programme and WWF established in 1988. Prior to that, the centre was a part of the IUCN Secretariat. Areas of work The activities of UNEP-WCMC include biodiversity assessment, support to international conventions such as the Convention on Biological Diversity (CBD) and the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), capacity building and management of both aspatial and spatial data on species and habitats of conservation concern. UNEP-WCMC has a mandate to facilitate the deliv ...
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Tony Juniper
Anthony Juniper (born 24 September 1960) is a British campaigner, writer, sustainability advisor and environmentalist who served as Executive Director of Friends of the Earth, England, Wales and Northern Ireland. He was Vice Chair of Friends of the Earth International from 2000 to 2008. He was the Green Party's parliamentary candidate for the Cambridge constituency at the 2010 general election. In 2019 he was appointed chairman of Natural England. Academic background Raised in Oxford, Juniper attended Bristol University, taking a joint honours BSc in psychology and zoology in 1983, followed by a master's degree in conservation from University College, London in 1988. He became a Senior Associate and later a Fellow with the Cambridge Institute for Sustainability Leadership, based at the University of Cambridge. In 2013 he was awarded honorary Doctor of Science degrees by the University of Bristol and the University of Plymouth. In 2016 Juniper was declared as a Harmony Profe ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ...
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Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is the ...
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