Biodiversity and National Accounting
Biodiversity, a property of natural
areas, provides a range of benefits to the economy including
bioprospecting rents, knowledge and insurance, ecotourism
fees, and ecosystem services. Many of these values can be
broken out in the System of National Accounts, leading to
better estimates of the economic losses when natural areas
are degraded or destroyed. Developing countries harbor the
great majority of biodiversity, and this diversity provides