Can You Put A Price On Ecological Restoration?
Can you put a price on ecological restoration? Of course you can. In fact, you must, or the discourse will be taken over by activists for whom price is no object. In the real world, an evidence-based price on clean water and soil fertility helps the United Nations set ecological restoration targets for degraded and deforested land.Forests provide essential ecosystem services for people, including timber, food and water. For those struggling with the after-effects of deforestation, the main hope lies in rebuilding forest resources through ecological restoration.Researchers at Bournemouth University have shown that placing a monetary value on ecosystem services provides a mechanism for evaluating the costs and benefits of reforestation activity. read more