The future value of ecosystem services: global scenarios and national implications

2020 ◽  
pp. 81-108
Author(s):  
Ida Kubiszewski ◽  
Robert Costanza ◽  
Sharolyn Anderson ◽  
Paul Sutton
Keyword(s):  
Ecosystem Services ◽  
The Future ◽  
Future Value

The future value of ecosystem services: Global scenarios and national implications

2017 ◽  
Vol 26 ◽  
pp. 289-301 ◽  
Author(s):  
Ida Kubiszewski ◽  
Robert Costanza ◽  
Sharolyn Anderson ◽  
Paul Sutton
Keyword(s):  
Ecosystem Services ◽  
The Future ◽  
Future Value

Smart Estimation Ver-H.1.0

2018 ◽  
Author(s):  
Sigit Haryadi
Keyword(s):  
Sample Size ◽  
Confidence Level ◽  
Time Span ◽  
Regression Equation ◽  
Weight Factor ◽  
The Past ◽  
Level Of Confidence ◽  
The Future ◽  
Future Value ◽  
The Difference

We cannot be sure exactly what will happen, we can only estimate by using a particular method, where each method must have the formula to create a regression equation and a formula to calculate the confidence level of the estimated value. This paper conveys a method of estimating the future values, in which the formula for creating a regression equation is based on the assumption that the future value will depend on the difference of the past values divided by a weight factor which corresponding to the time span to the present, and the formula for calculating the level of confidence is to use "the Haryadi Index". The advantage of this method is to remain accurate regardless of the sample size and may ignore the past value that is considered irrelevant.

The time that money requires: Use of the future and critique of the present in financial valuation

2020 ◽  
Vol 6 (2) ◽  
pp. 95-113
Author(s):  
Fabian Muniesa ◽  
Liliana Doganova
Keyword(s):  
Investment Decisions ◽  
Financial Valuation ◽  
The Future ◽  
History Of ◽  
Future Value ◽  
Philosophical Implication ◽  
Sociology Of Finance ◽  
Uncertain Future ◽  
Political Technology

The future is persistently considered in the sociology of finance from two divergent, problematic angles. The first approach consists in supplementing financial reasoning with an acknowledgement of the expectations that are needed in order to cope with an uncertain future and justify the viability of investment decisions. The second approach, often labelled critical, sees on the contrary in the logic of finance a negation of the future and an exacerbation of the valuation of the present. This is an impasse the response to which resides, we suggest, in considering the language of future value, which is indeed inherent to a financial view on things, as a political technology. We develop this argument through an examination of significant episodes in the history of financial reasoning on future value. We explore a main philosophical implication which consists in suggesting that the medium of temporality, understood in the dominant sense of a temporal progression inside which projects and expectations unfold, is not a condition for but rather a consequence of the idea of financial valuation.

scholarly journals Using Foresight to Gain a Local Perspective on the Future of Ecosystem Services in a Mountain Protected Area in Peru

2018 ◽  
Vol 38 (3) ◽  
pp. 192-202 ◽  
Author(s):  
Alexis Nicolás Ibáñez Blancas ◽  
María de los Ángeles La Torre-Cuadros ◽  
Gleni Aracelly Mallma Carrera
Keyword(s):  
Ecosystem Services ◽  
Protected Area ◽  
The Future ◽  
Local Perspective

scholarly journals Conservation in the Future

Conservation ◽  
2021 ◽  
pp. 361-400
Author(s):  
Charles Perrings
Keyword(s):  
Ecosystem Services ◽  
Crop Wild Relatives ◽  
Wild Relatives ◽  
Forest Conversion ◽  
The World Bank ◽  
The World ◽  
The Future ◽  
Subsidiarity Principle ◽  
Economic Trends

The final chapter considers the factors likely to influence the value of species and ecosystems to individual users and the wider community in the future, including the factors likely to drive a wedge between the value of ecosystems to individual users or individual communities and to the rest of the world. It reviews environmental trends identified by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, and economic trends identified by organizations such as the World Bank. Using the European Union’s subsidiarity principle as a guide, the chapter discusses the optimal scale at which to manage future conservation challenges, and the implications this has for governance. It concludes by applying the discussion to four issues of particular concern: forest conversion, the loss of landraces and crop wild relatives, marine capture fisheries, and emerging infectious zoonoses.

scholarly journals Exploratory Choice Reflects the Future Value of Information

2018 ◽  
Author(s):  
Alexander Rich ◽  
Todd Matthew Gureckis
Keyword(s):  
Decision Making ◽  
Relative Frequency ◽  
Value Of Information ◽  
Exploration And Exploitation ◽  
Expected Number ◽  
Uncertain Environments ◽  
Novel Approach ◽  
Conflicting Evidence ◽  
The Future ◽  
Future Value

The tension between exploration and exploitation is a primary challenge in decision making under uncertainty. Optimal models of choice prescribe that individuals resolve this tension by evaluating how information gained from their choices will improve future choices. However, research in behavioral economics and psychology has yielded conflicting evidence about whether people consider the future during exploratory choice, particularly in complex, uncertain environments. Adding to the empirical evidence on this issue, we examine exploratory decision making in a novel approach-avoid paradigm. In the first set of experiments we find that people parametrically increase their exploration when the expected number of future encounters with a prospect is larger. In the second we demonstrate that when the number of future encounters is unknown, as is often the case in everyday life, people are sensitive to the relative frequency of future encounters with a prospect. Our experiments show that people adaptively utilize information about the future when deciding to explore, a tendency that may shape decisions across several real-world domains.

scholarly journals The Future of Ecosystem Services in Asia and the Pacific

2016 ◽  
Vol 3 (3) ◽  
pp. 389-404 ◽  
Author(s):  
Ida Kubiszewski ◽  
Sharolyn J. Anderson ◽  
Robert Costanza ◽  
Paul C. Sutton
Keyword(s):  
Ecosystem Services ◽  
The Pacific ◽  
The Future

Epilogue

2020 ◽  
pp. 206-210
Author(s):  
James S.J. Schwartz
Keyword(s):  
Space Environment ◽  
Opportunity Costs ◽  
Scientific Exploration ◽  
The Future ◽  
Future Value ◽  
Human Habitation ◽  
A Priority ◽  
Space Environments ◽  
The Cost

This concluding chapter argues that scientific exploration of the space environment should remain a priority even if space settlements are established, and even if technological breakthroughs decrease the cost of spaceflight enough to increase spaceflight activities by orders of magnitude. It addresses the enduring need to engage in scientific examination in order to establish the viability of space environments for human habitation. It also reaffirms the value of scientific exploration, knowledge, and understanding—which will only become more significant in space societies, if they are ever established. The Epilogue concludes by addressing the possible development of revolutionary technologies, the opportunity costs associated with prioritizing scientific exploration, and the future value of scientific exploration, knowledge, and understanding in space.

scholarly journals Demand for provisioning ecosystem services as a driver of change in the Canadian boreal zone1

2019 ◽  
Vol 27 (2) ◽  
pp. 166-184 ◽  
Author(s):  
Maitane Erdozain ◽  
Erika C. Freeman ◽  
Camille Ouellet Dallaire ◽  
Sonja Teichert ◽  
Harry W. Nelson ◽  
...  
Keyword(s):  
Climate Change ◽  
Ecosystem Services ◽  
Cumulative Effect ◽  
Careful Consideration ◽  
Wood Products ◽  
Boreal Zone ◽  
Drivers Of Change ◽  
Trade Offs ◽  
Provisioning Ecosystem Services ◽  
The Future

The Canadian boreal zone provides extractive goods and services (provisioning ecosystem services (PrES)) to domestic and global markets and makes a significant contribution to the Canadian economy. The intensity and location of these extractive activities, however, may positively or negatively affect the availability of other benefits that the Canadian and global society receive from the boreal. Where PrES compete, managing these activities along with their impacts to boreal ecosystems becomes a balancing act between the need for resource extraction and the continued availability of the other benefits from ecosystems. Management measures and policies are more likely to succeed if they are designed with foresight, which means accounting for how demand, a key driver of change in the boreal, may change in the future. To help this process, we present three divergent, yet plausible future scenarios based on the analysis of: (i) the capacity of the boreal to provide wood products, fossil fuels, metals and minerals, and hydropower and other renewables; (ii) past trends (1985–2015) and key events in the demand for these PrES; (iii) the interaction of demand for PrES with other drivers of change to the boreal zone; and (iv) the synergies and trade-offs between PrES. We find that historically and currently the capacity of the boreal to provide these PrES exceeds the amount currently supplied. However, the capacity of different PrES and location of extractive activities are spatially dispersed creating a spatial and temporal patchwork of associated risks to local ecosystem integrity and the supply of non-PrES. In addition, these scenarios suggest that the future of boreal PrES is very uncertain and highly dependent on how other drivers of change (namely governance and geopolitics, societal values and climate change) play out in the future. Given the spatial complexity, we find that the cumulative effect of these drivers (e.g., climate change) will determine what paths unfold for different areas of the boreal, and we conclude that careful consideration and planning must be given to ensure that the balance between PrES and non-PrES is maintained.

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