Economic Value Of Insect Pollination Worldwide Estimated At U.S. $217 Billion
Monday, September 15, 2008 - 12:28
in Mathematics & Economics
Scientist has determined that the worldwide economic value of the pollination service provided by insect pollinators, bees mainly, is €153 billion in 2005 for the main crops that feed the world. This figure amounted to 9.5 percent 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 €190 to €310 billion.
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