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Pricing of Ecosystem Services in Agriculture: A Basis of Crop Insurance (Hardcover, 1st ed. 2022)
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Pricing of Ecosystem Services in Agriculture: A Basis of Crop Insurance (Hardcover, 1st ed. 2022)
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The book deals with the pricing of ecosystem services provided by
agriculture. All provisioning, regulating, supporting and cultural
services are being covered in this title. Chapters in this
contributed volume cover topics such as pricing of services from
the soil, water, and nutrient management. Quantified monetary
values of carbon sequestration and renewable energy applications in
agriculture are covered with clear-cut methodologies. This book
also links ecosystem service-based pricing with crop insurance.
Improving the farmers' livelihood is the central goal of the
agricultural production system throughout the world. Under the
climate change context, farms' produce is now climate-vulnerable
and heavily dependent on weather conditions. Moreover, we often
neglect the contribution of several positive impacts of
agricultural practices on ecosystems and natural resources.
Therefore, there is a need to quantify and value these ecosystem
services in agriculture. However, valuation and pricing the
services in agriculture both tangible and intangible is a
challenge. It is necessary to have clear-cut methodologies for
pricing ecosystem services of agriculture in terms of net monetary
benefits. The ecosystem service-based pricing could be a solid
basis for calculating the insurance to farmers in case of
occurrence of natural hazard and associated crop damage. This book
is of interest to scholars, teachers, researchers, environmental
scientists, watershed managers, capacity builders, and
policymakers. The book also serves as effective reading material
for undergraduate and graduate students of agriculture economics,
ecology, agronomy, and environmental sciences. National and
international agricultural scientists, policymakers will also find
this to be useful.
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