Please use this identifier to cite or link to this item: http://hdl.handle.net/2381/39189
Title: The economic valuation of nature: A question of justice?
Authors: Matulis, Brett Sylvester
First Published: 7-May-2014
Publisher: Elsevier for International Society for Ecological Economics (ISEE)
Citation: Ecological Economics, 2014, 104, pp. 155-157
Abstract: While many of the concerns over the economic valuation of nature have gained broad exposure, justice concerns remain largely peripheral. Within both scholarly debate and actual valuation exercises, the emphasis is most often on reconciling cultural and monetary valuation. Increasingly, as the valuation of nature gains momentum, proponents of the trend seek to relieve apprehensions by suggesting that economic valuation is entirely compatible with intrinsic and esthetic values. This attempt to mollify skeptics, however, misses the mark; regardless of whether or not nature may be valued simultaneously in cultural and economic terms, the social and environmental justice implications of monetary valuation remain. The purpose of this commentary is to clarify that much of the resistance to the economic valuation of nature is motivated by these justice concerns and that reassurances about the cultural value of nature do little to quell them. Several of the justice reasons to remain cautious of the economic valuation of nature are also elaborated.
DOI Link: 10.1016/j.ecolecon.2014.04.010
ISSN: 0921-8009
eISSN: 1873-6106
Links: http://www.sciencedirect.com/science/article/pii/S0921800914001190
http://hdl.handle.net/2381/39189
Version: Post-print
Status: Peer-reviewed
Type: Journal Article
Rights: Creative Commons “Attribution Non-Commercial No Derivatives” licence CC BY-NC-ND, further details of which can be found via the following link: http://creativecommons.org/licenses/by-nc-nd/4.0/ Archived with reference to SHERPA/RoMEO and publisher website.
Appears in Collections:Published Articles, Dept. of Geology

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