Economic value of insect pollination worldwide estimated at 153 billion euros

Monday, September 15, 2008 - 13:43 in Mathematics & Economics

INRA and CNRS French scientists and a UFZ German scientist found that the worldwide economic value of the pollination service provided by insect pollinators, bees mainly, was EUR153 billion in 2005 for the main crops that feed the world. This figure amounted to 9.5% of the total value of the world agricultural food production. The study also determined that pollinator disappearance would translate into a consumer surplus loss estimated between EUR190 to EUR310 billion...

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