Ecosystem Biodiversity

Ecosystems provide essential services like food, water, and cultural benefits. These services are categorized into provisioning, regulating, supporting, and cultural. However, human activities threaten these ecosystems, with 60% in decline. The ecosystem service approach can help protect biodiversity by considering all benefits, not just monetary ones. Monetary valuation is limited and cannot capture all values, so other methods like revealed and stated preferences are used. Informed judgment is crucial for decision-making, ensuring ecosystems are preserved for future generations.

Which of the following is NOT a category of ecosystem services?

• Industrial services

• Provisioning services

• Regulating services

• Supporting services

What is a major threat to ecosystem services mentioned in the video?

• Overexploitation of fish stocks

• Increased biodiversity

• Reforestation efforts

• Improved air quality

How does the ecosystem service approach help in protecting biodiversity?

• By focusing only on the market value of resources

• By considering a wide range of ecosystem benefits

• By ignoring non-economic values

• By promoting monoculture farming

In the UK woodland example, why might planting trees in lowlands be more beneficial?

• It reduces overall costs

• It optimizes the benefits of ecosystem services

• It increases the market value of timber

• It avoids displacing profitable farmland

What is a limitation of using monetary value for ecosystem services?

• It simplifies decision-making

• It may overlook non-marketed services

• It ensures biodiversity protection

• It captures all human values

Why might genetically identical crops be problematic?

• They are more adaptable to climate change

• They are less vulnerable to pests

• They are more susceptible to diseases

• They have high biodiversity

What is an example of a non-monetary valuation method for ecosystem services?

• Cost-benefit analysis

• Profit maximization

• Revealed preference

• Market analysis

What challenge is associated with stated preference methods?

• They ignore personal preferences

• They are easy to implement

• They provide exact monetary values

• They assume values are pre-formed in people's minds

What is the essential difference highlighted between price and value?

• Price and value are the same

• Value is always monetary

• Price cannot capture the full range of human values

• Price captures all human values

What is the ultimate goal of integrating ecosystem services with other tools?

• To commodify nature

• To simplify decision-making

• To increase market value

• To prioritize resources and protect biodiversity