Deliberative and Non-Monetary Valuation

Authored by: Jasper O. Kenter

Routledge Handbook of Ecosystem Services

Print publication date:  January  2016
Online publication date:  January  2016

Print ISBN: 9781138025080
eBook ISBN: 9781315775302
Adobe ISBN:

10.4324/9781315775302-24

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Abstract

A sophisticated array of methods has been developed by economists to value ecosystem services. However, there is also increasing recognition of the limitations of these methods. These limitations are in part practical, and in part have to do with the way that neoclassical economists conceptualise value. As chapter 8 pointed out, concerns have been raised that putting a monetary value on the environment and applying market-based thinking to it turns the natural world into a commodity. If nature is commodified, can this be rhymed with notions that other species, or even whole ecosystems, have intrinsic value independent of their benefits to human well-being? Does it make sense to try to monetise our cultural, emotional, and spiritual connections to nature? Economic methods focus on the values of individuals. What about the collective values we share as communities or society as a whole?

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