What's the price of nature? To keep Europe’s ecosystems healthy, we need to protect #biodiversity. How can the #ecosystem service approach help? And how can we capture people’s more deeply held values beyond mere money? What are ecosystem services? How do we categorise ecosystem services? How do we benefit from biodiversity?
Ecosystem services are categorised into different benefits:
Provisioning services are products we obtain from ecosystems (food, water, fibre, fuel, etc.).
Regulating services are benefits we obtain from the regulation of ecosystem processes (climate, floods, pollination, etc.).
Supporting services are necessary to produce other ecosystem services (soil formation, photosynthesis, etc.).
Cultural services are non-material services for people (spiritual enrichment, cognitive development, recreation, aesthetic experiences, etc.).
It’s important to understand the values and services provided by natural ecosystems since they are the driving force for the long-term protection and restoration of European natural capital. Damage to natural ecosystems mean significant costs for business and society as the services they provide represent large shares of the economy.
Watch the video produced by Science for #Environment Policy about the different tools in the ecosystem services toolbox. Find the report on Ecosystem Services and Biodiversity report here: https://op.europa.eu/en/publication-d...
More information about Science for Environment Policy: https://environment.ec.europa.eu/rese...
Further info: https://environment.ec.europa.eu/stra... + https://environment.ec.europa.eu/topi...
0:00 Intro
0:23 Types of services
0:46 Threats to ecosystems
1:20 Benefits of ecosystem services
2:30 How do we value services? Monetary and beyond.