Environmental Values 9(2000): 55-80. doi: 10.3197/096327100129341976
This paper attempts to assess and evaluate some of the economic implications of the Convention on Biological Diversity. After outlining the main principles and the scope of this Convention, the following issues are addressed: the determination of the 'optimal' level of biodiversity loss, the meaning of incremental costs, and monetary evaluation problems of ecological resources and the problems it poses for the funding mechanism (GEF). The paper concludes with a discussion of the issues of commercialisation and access to genetic resources.
KEYWORDS: ecological economics, biological diversity, monetary evaluation, commercialisation
REFERENCES to other articles in Environmental Values:
Biodiversity as the Source of Biological Resources. Paul M. Wood
CITATIONS in other Environmental Values articles:
The Role of Customary Institutions in the Conservation of Biodiversity: Sacred Forests in Mozambique Pekka Virtanen
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