On the value of soil biodiversity and ecosystem services

U. Pascual, M. Termansen, K. Hedlund, L. Brussaard, J.H. Faber, S. Foudi, P. Lemanceau, S. Liv-Jørgensen

Research output: Contribution to journalArticleAcademicpeer-review

25 Citations (Scopus)

Abstract

This paper provides a framework to understand the source of the economic value of soil biodiversity and soil ecosystem services and maps out the pathways of such values. We clarify the link between components of the economic value of soil biodiversity and their associated services of particular relevance to soils. We contend that soil biodiversity and associated ecosystem services give rise to two main additive value components in the context of risk and uncertainty: an output value and an insurance value. These are illustrated with examples from soil ecology and a simple heuristic model. The paper also points towards the challenges of capturing such values highlighting the differences between private (individual) and public (global) sources of value.
Original languageEnglish
Pages (from-to)11-18
JournalEcosystem Services
Volume15
DOIs
Publication statusPublished - 2015

Fingerprint

Biodiversity
ecosystem service
ecosystem services
biodiversity
Ecosystem
Soil
economic valuation
Values
soil
economic value
soil ecology
insurance
Economics
soil ecosystem
heuristics
economics
uncertainty
Insurance
Ecology
Uncertainty

Cite this

Pascual, U., Termansen, M., Hedlund, K., Brussaard, L., Faber, J. H., Foudi, S., ... Liv-Jørgensen, S. (2015). On the value of soil biodiversity and ecosystem services. Ecosystem Services, 15, 11-18. https://doi.org/10.1016/j.ecoser.2015.06.002
Pascual, U. ; Termansen, M. ; Hedlund, K. ; Brussaard, L. ; Faber, J.H. ; Foudi, S. ; Lemanceau, P. ; Liv-Jørgensen, S. / On the value of soil biodiversity and ecosystem services. In: Ecosystem Services. 2015 ; Vol. 15. pp. 11-18.
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Pascual, U, Termansen, M, Hedlund, K, Brussaard, L, Faber, JH, Foudi, S, Lemanceau, P & Liv-Jørgensen, S 2015, 'On the value of soil biodiversity and ecosystem services' Ecosystem Services, vol. 15, pp. 11-18. https://doi.org/10.1016/j.ecoser.2015.06.002

On the value of soil biodiversity and ecosystem services. / Pascual, U.; Termansen, M.; Hedlund, K.; Brussaard, L.; Faber, J.H.; Foudi, S.; Lemanceau, P.; Liv-Jørgensen, S.

In: Ecosystem Services, Vol. 15, 2015, p. 11-18.

Research output: Contribution to journalArticleAcademicpeer-review

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AU - Pascual, U.

AU - Termansen, M.

AU - Hedlund, K.

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AU - Foudi, S.

AU - Lemanceau, P.

AU - Liv-Jørgensen, S.

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AB - This paper provides a framework to understand the source of the economic value of soil biodiversity and soil ecosystem services and maps out the pathways of such values. We clarify the link between components of the economic value of soil biodiversity and their associated services of particular relevance to soils. We contend that soil biodiversity and associated ecosystem services give rise to two main additive value components in the context of risk and uncertainty: an output value and an insurance value. These are illustrated with examples from soil ecology and a simple heuristic model. The paper also points towards the challenges of capturing such values highlighting the differences between private (individual) and public (global) sources of value.

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