Valuation of Environmental Benefits in Asian Countries

Authored by: Suresh Jain , Surender Kumar , Paramjit

The Routledge Handbook of Environmental Economics in Asia

Print publication date:  March  2015
Online publication date:  February  2015

Print ISBN: 9780415656450
eBook ISBN: 9781315746289
Adobe ISBN: 9781317597872

10.4324/9781315746289.ch15

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Abstract

All human activities are dependent on natural resources like forest, land, oceans, rivers, clean air and water and the ecosystem overall. These resources are not utilized sustainably by human beings. The environmental processes provide inputs to the production of goods and services in terms of raw material and also act as sinks for waste and emissions. Environmental resources also have values beyond direct use for various purposes. For example, some resources have value due to cultural or scientific reasons and, sometimes, religious values. Thus, we have to manage all the natural resources and the environment for long-term sustainability for its survival and best use over time.

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