Economic valuation and the commodification of ecosystem services

In the last decade a growing number of environmental scientists have advocated economic valuation of ecosystem services as a pragmatic short-term strategy to communicate the value of biodiversity in a language that reflects dominant political and economic views. This paper revisits the controversy on economic valuation of ecosystem services in the light of two aspects that are often neglected in ongoing debates. First, the role of the particular institutional setup in which environmental policy and governance is currently embedded in shaping valuation outcomes. Second, the broader economic and sociopolitical processes that have governed the expansion of pricing into previously non-marketed areas of the environment. Our analysis suggests that within the institutional setup and broader sociopolitical processes that have become prominent since the late 1980s economic valuation is likely to pave the way for the commodification of ecosystem services with potentially counterproductive effects in the long term for biodiversity conservation and equity of access to ecosystem services benefits.

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Role of Framing towards Islamic Business Engagement in Asia: A Case of Pakistan

Global Management Sciences Review ◽

10.31703/gmsr.2020(v-iii).03 ◽

2020 ◽

Vol V (III) ◽

pp. 23-31

Author(s):

Muhammad Awais ◽

Waqar Haider Hashmi ◽

Adeel Mustafa

Keyword(s):

Stock Market ◽

Primary Data ◽

Research Paradigm ◽

Short Term ◽

Word Cloud ◽

Short Term Investment ◽

The Way

The aim of this study is to examine the phenomenon of framing as a cause of making wrong decisions while investing in Islamic stocks. Framing refers to the bias of people that describes the way they respond to a specific option as per its offer. After collecting primary data through interviews, including open-ended questions from the Pakistani stock market under the subjective or constructivist research paradigm, NVivo it is applied to get word cloud for appropriate analysis. The study finds that there are so many complexities and impurities that blindfold brokers and investors to differentiate between Shariah-compliant versus conventional stocks. This research can be further extended by differentiating between long-term and short-term investment horizons.

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The role of economic valuation of ecosystem services in an interdisciplinary context

Climate Change Impacts on Tropical Forests in Central America ◽

10.4324/9781315866703-16 ◽

2015 ◽

pp. 197-205

Keyword(s):

Ecosystem Services ◽

Economic Valuation ◽

Valuation Of Ecosystem Services

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Impact of FII’s and FDI’s on Indian Stock Market

Adhyayan A Journal of Management Sciences ◽

10.21567/adhyayan.v1i1.10220 ◽

2016 ◽

Vol 1 (1) ◽

Author(s):

Dr. Kamlesh Kumar Shukla

Keyword(s):

Stock Market ◽

Financial Markets ◽

Global Economy ◽

Short Term ◽

Earnings Growth ◽

The Past ◽

Bull Market ◽

Indian Stock Market

FIIs are companies registered outside India. In the past four years there has been more than $41 trillion worth of FII funds invested in India. This has been one of the major reasons on the bull market witnessing unprecedented growth with the BSE Sensex rising 221% in absolute terms in this span. The present downfall of the market too is influenced as these FIIs are taking out some of their invested money. Though there is a lot of value in this market and fundamentally there is a lot of upside in it. For long-term value investors, there’s little because for worry but short term traders are adversely getting affected by the role of FIIs are playing at the present. Investors should not panic and should remain invested in sectors where underlying earnings growth has little to do with financial markets or global economy.

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Introduction: Kinship Bereavement in Later Life

OMEGA - Journal of Death and Dying ◽

10.2190/bd9q-rqyb-1x18-9evp ◽

1997 ◽

Vol 35 (1) ◽

pp. 1-7 ◽

Cited By ~ 1

Author(s):

Brian De Vries

Keyword(s):

Adult Child ◽

Later Life ◽

Short Term ◽

Traumatic Grief ◽

Death Of A Parent ◽

De Vries ◽

Longitudinal Effects ◽

Analysis Of Variation

This article introduces a volume devoted to the examination of later-life bereavement: an analysis of variation in cause, course, and consequence. Six articles address and represent this variation and comprise this volume: 1) Prigerson et al. present case histories of the traumatic grief of spouses; 2) Hays et al. highlight the bereavement experiences of siblings in contrast to those spouses and friends; 3) Moss et al. address the role of gender in middle-aged children's responses to parent death; 4) Bower focuses on the language adopted by these adult children in accepting the death of a parent; 5) de Vries et al. explore the long-term, longitudinal effects on the psychological and somatic functioning of parents following the death of an adult child; and 6) Fry presents the short-term and longitudinal reactions of grandparents to the death of a grandchild. A concluding article is offered by de Vries stressing both the unique and common features of these varied bereavement experiences touching on some of the empirical issues and suggesting potential implications and applications.

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Shades between Black and Green Investment: Balance or Imbalance?

Sustainability ◽

10.3390/su13095024 ◽

2021 ◽

Vol 13 (9) ◽

pp. 5024

Author(s):

Vítor Manuel de Sousa Gabriel ◽

María Mar Miralles-Quirós ◽

José Luis Miralles-Quirós

Keyword(s):

Risk Factor ◽

Oil Prices ◽

Oil Price ◽

Short Term ◽

Environmental Indices ◽

Long Run ◽

Green Investment ◽

Bounds Test

This paper analyses the links established between environmental indices and the oil price adopting a double perspective, long-term and short-term relationships. For that purpose, we employ the Bounds Test and bivariate conditional heteroscedasticity models. In the long run, the pattern of behaviour of environmental indices clearly differed from that of the oil prices, and it was not possible to identify cointegrating vectors. In the short-term, it was possible to conclude that, in contemporaneous terms, the variables studied tended to follow similar paths. When the lag of the oil price variable was considered, the impacts produced on the stock market sectors were partially of a negative nature, which allows us to suppose that this variable plays the role of a risk factor for environmental investment.

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The key role of contact time in elucidating the mechanisms of enhanced decontamination by Fe0/MnO2/sand systems

Scientific Reports ◽

10.1038/s41598-021-91475-x ◽

2021 ◽

Vol 11 (1) ◽

Author(s):

Viet Cao ◽

Ghinwa Alyoussef ◽

Nadège Gatcha-Bandjun ◽

Willis Gwenzi ◽

Chicgoua Noubactep

Keyword(s):

Contact Time ◽

Diffusive Transport ◽

Iron Hydroxides ◽

Iron Corrosion ◽

Short Term ◽

Batch Studies ◽

Water Decontamination ◽

Co Precipitation

AbstractMetallic iron (Fe0) has shown outstanding performances for water decontamination and its efficiency has been improved by the presence of sand (Fe0/sand) and manganese oxide (Fe0/MnOx). In this study, a ternary Fe0/MnOx/sand system is characterized for its discoloration efficiency of methylene blue (MB) in quiescent batch studies for 7, 18, 25 and 47 days. The objective was to understand the fundamental mechanisms of water treatment in Fe0/H2O systems using MB as an operational tracer of reactivity. The premise was that, in the short term, both MnO2 and sand delay MB discoloration by avoiding the availability of free iron corrosion products (FeCPs). Results clearly demonstrate no monotonous increase in MB discoloration with increasing contact time. As a rule, the extent of MB discoloration is influenced by the diffusive transport of MB from the solution to the aggregates at the bottom of the vessels (test-tubes). The presence of MnOx and sand enabled the long-term generation of iron hydroxides for MB discoloration by adsorption and co-precipitation. Results clearly reveal the complexity of the Fe0/MnOx/sand system, while establishing that both MnOx and sand improve the efficiency of Fe0/H2O systems in the long-term. This study establishes the mechanisms of the promotion of water decontamination by amending Fe0-based systems with reactive MnOx.

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‘Environmental Impact Assessment’ in Drylands: Late Knowledge Penetration or a Deliberate Ignorance for Megaprojects?

World ◽

10.3390/world2030023 ◽

2021 ◽

Vol 2 (3) ◽

pp. 374-378

Author(s):

Farshad Amiraslani

Keyword(s):

Ecosystem Services ◽

Environmental Impact ◽

Impact Assessment ◽

Environmental Impact Assessment ◽

Ecological Resilience ◽

Delayed Action ◽

The Way

Despite the paramount role of drylands in supporting people’s livelihoods and rendering ecosystem services, legislation on Environmental Impact Assessment has been introduced belatedly after several decades. By exemplifying Iran, the author proposes two main reasons for such a delayed action. First, drylands are misleadingly considered as barren lands where biodiversity is relatively low. In one classification, deserts are even categorized along with rocks. Second, the author emphasizes that drylands have been subjected to unprecedented changes due to the expansion of infrastructure and urbanization that started in the 1970s. These growing pressures have been beyond the ecological resilience of drylands and have not been monitored, assessed, and modified correctly. Further scrutiny regarding EIA undertakings in drylands and the way they can be improved is now needed.

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Rapid Economic Valuation of Ecosystem Services in Man and Biosphere Reserves in Africa: A Review

Global Ecology and Conservation ◽

10.1016/j.gecco.2021.e01697 ◽

2021 ◽

pp. e01697

Author(s):

Hossein Azadi ◽

Steven Van Passel ◽

Jan Cools

Keyword(s):

Ecosystem Services ◽

Economic Valuation ◽

Biosphere Reserves ◽

Valuation Of Ecosystem Services

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Reform in the international food aid regime: the role of consensual knowledge

International Organization ◽

10.1017/s0020818300001491 ◽

1992 ◽

Vol 46 (1) ◽

pp. 225-264 ◽

Cited By ~ 18

Author(s):

Raymond F. Hopkins

Keyword(s):

Economic Development ◽

International Organizations ◽

Epistemic Community ◽

Food Aid ◽

Local Production ◽

Short Term ◽

The 1950S ◽

Food Imports

The principles and norms adopted by the regime governing food aid in the 1950s have changed substantially during the subsequent three decades. Explaining the changes necessarily includes analyzing the efforts of an international epistemic community consisting of economic development specialists, agricultural economists, and administrators of food aid. According to the initial regime principles, food aid should be provided from donors' own surplus stocks, should supplement the usual commercial food imports in recipient countries, should be given under short-term commitments sensitive to the political and economic goals of donors, and should directly feed hungry people. As a result of following these principles, the epistemic community and other critics argued, food aid often had the adverse effects of reducing local production of food in recipient countries and exacerbating rather than alleviating hunger. The epistemic community (1) developed and proposed ideas for more efficiently supplying food aid and avoiding “disincentive” effects and (2) pushed for reforms to make food aid serve as the basis for the recipients' economic development and to target it at addressing long-term food security problems. The ideas of the international epistemic community have increasingly received support from international organizations and the governments of donor and recipient nations. Most recently, they have led to revisions of the U.S. food aid program passed by Congress in October 1990 and signed into law two months later. As the analysis of food aid reform demonstrates, changes in the international regime have been incremental, rather than radical. Moreover, the locus for the change has shifted from an American-centered one in the 1950s to a more international one in recent decades.

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