THE CASE FOR NATURE: THE OTHER PLANETARY CRISIS
AUTHOR: SIDDARTH SHRIKANTH
PUBLISHER: PENGUIN RANDOM HOUSE
Beyond valuing individual ecosystem services, some have attempted to estimate the value of all of the planet's natural capital. As far back as 1997, Robert Constanza, Rudolf de Groot and others pegged the value of global ecosystem services at $16-54 trillion in 1994 US dollars, the equivalent of between $32-109tn in 2022 dollars. A more recent effort by the same duo put the figure at $130tn in 2010 dollars; $178tn in today's money.
This story is from the July 2023 edition of Outlook Business.
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This story is from the July 2023 edition of Outlook Business.
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