Finding the balance between conservation and economics
June 27, 2016
Seeking to strike the balance between human and natural systems means finding ways to incorporate conservation criteria based on minimal human impact into economic evaluation. CHANS-Net member Kostas Bithas, professor of environmental and natural resources economics at Panteion University in Athens, Greece, and colleagues publish on that idea in Conservation Biology.
The group looks at how to propose the integration of ecological–biological thresholds into decision making and use as an example the planetaryboundaries approach. Both conservation scientists and economists must be involved in defining operational ecological–biological thresholds that can be incorporated into economic thinking and reflect the objectives of conservation, sustainability, and intergenerational welfare optimization.