In 1997 economist Robert Contanza and his associates published a report titled t
ID: 802510 • Letter: I
Question
In 1997 economist Robert Contanza and his associates published a report titled the value for the World's Ecosystem Services and Natural Capital. they estimated that if all the ecosystem services provided worldwide had to be paid for, it would average $33 trillion per year with a range from $16 trillion to $54 trillion. In that same year the global Gross National Product (GNP) was $18 trillion. a. What is meant by ecosystem or ecological services? Give three specific examples of these services. b. What would the worldwide consequences be if the world actually had to pay for ecosystem services and natural capital? C. Which Environmental worldview is most consistent with environmental economics? Explain.Explanation / Answer
Answer:a
The ecological services means the methods (directly/indirectly) used by the humans, there are various examples are mentione din the report , three of them are as follows:
1) Gas regulation- maintains the atmospheric chemical equilibrium.
2) Water regulation- maintains the water flows for various puposes.
3) Climate regulation- maintains the global temperature.
Answer:b:
33 trillion US dollar is the average estimate for the ecological services which is really more than enough as it is 1.8 times more than current GNP. Therefore, the current scenario of world would not have been like of today and affect the global economy.
Answer: c:
The ecological services are the major indirect factor for the growth of human development on the earth, therefore the balance between the agencies and biomes should be maintain to grow more in a sustainable manner.
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