Extending market allocation to ecosystem services: Moral and practical implications on a full and unequal planet

A review of methods, data, and models to assess changes in the value of ecosystem services from land degradation and restoration

“…Furthermore, the problem also includes the potentially big difference between the stated willingness to pay and the real payment when it comes to that point. These inaccuracies become especially prominent when it comes to valuing the critical natural capital-ecosystem services that are vital and essential (Farley et al, 2014). Since the individual's perceptions are limited and often biased (Kahneman, 2011), valuation methodology needs to take that into account.…”

New Trends Confronting Old Structures or Old Threats Frustrating New Hopes? ECLAC'sCompacts for Equality

“…Arsel and Dasgupta, ), including the economics of essential, non‐substitutable resources (e.g. Farley et al., ), the necessity of improving deliberative democratic processes in addressing environmental problems and finding solutions to socio‐ecological conflicts (e.g. O'Neill, ), or the need for a complete rethink of territorial solidarities and urban–rural linkages (e.g.…”

The Case for Studying Non-Market Food Systems

“…The world's poorest people are the most dependent on the ecosystems that the global food system pollutes and degrades [109]. They are also the least able to afford artificial substitutes to ecosystem services, to the extent that those exist [21]. And, as suggested above, market participation might make people care less about resultant injustice, because markets diffuse responsibility [110] and evoke selfish, materialistic values.…”

“…This debate has dealt with whether markets should govern immigration, friendship, queues, medical treatment, university admissions, and the distribution of human organs, wombs, and blood [15][16][17]. Within ecological economics, lively disputes deliberate the ethics and effectiveness of using markets and market-based instruments to address environmental issues, with particular attention to monetary valuation of ecosystem services [18][19][20][21]. Jean-David and Julien-François Gerber [22] have argued that immunizing society from market dependence in general-decommodification-should be a foundation of ecological economics.…”