Biodiversity loss is one of the major resource problems facing the
world, and the policy options available are restricted by
inappropriate economic tools which fail to capture the value of
species and their variety. This study describes in non-technical
terms how cost-benefit analysis techniques can be applied to
species and species loss, and how they provide a measure of the
efficiency of conservation measures. Only when conservation can be
shown to pass such a basic economic test, the authors claim, will
it be incorporated into policies.;David Pearce has also written
Blueprint for a Green Economy.
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