Biodiversity Valuation in Developing Countries: A Focus on Small Island Developing States (SIDS)

41 Pages Posted: 6 Oct 2010

See all articles by Sonja S. Teelucksingh

Sonja S. Teelucksingh

Fondazione Eni Enrico Mattei

Paulo A. L. D. Nunes

University of Padova - Dipartimento Territorio e Sistemi Agro Forestali (TeSAF)

Date Written: October 6, 2010

Abstract

The Millennium Development Goals explicitly recognise “sustainable development” as a target. A step towards this is a greater understanding of the significant role of biodiversity in rural communities of developing countries who depend most on the ecosystem goods and services and who as a result may suffer most from its continued degradation. Understanding the input of biodiversity in developing countries to the provision of the ecosystem goods and services (EGS) that are essential to their human well-being is seen as a significant first step in sustainable development, and environmental valuation is a necessary tool for achieving this objective. However, valuing biodiversity in a developing country context can be an intricate affair. While economic valuation literature yields a range of tried and tested methodological techniques for measuring biodiversity, the question remains as to whether these generalised techniques are capable of revealing the complexities of local environmental use in developing countries. A heterogeneous group, “developing countries” can be characterised by a range of factors existing in different intensities that can (1) impact the ways in which local communities interact with their environmental resources (2) impact the efficacy of the methodological and data collection process (3) impact the values obtained from the application of valuation techniques and (4) impact the implementation, success and sustainability of policy and management prescriptions. This paper attempts to address these issues by discussing the main characteristics of developing countries that can impact the biodiversity valuation process and, with specific reference to Small Island Developing States (SIDS), discussing how knowledge of these characteristics can assist the valuation process to better reveal the complex interaction between biodiversity and human welfare in a developing country context.

Keywords: Biodiversity, Developing Countries, Small Island Developing States

JEL Classification: Q01, Q57

Suggested Citation

Teelucksingh, Sonja S. and Dias Nunes, Paulo Augusto, Biodiversity Valuation in Developing Countries: A Focus on Small Island Developing States (SIDS) (October 6, 2010). FEEM Working Paper No. 111.2010, Available at SSRN: https://ssrn.com/abstract=1688302 or http://dx.doi.org/10.2139/ssrn.1688302

Sonja S. Teelucksingh (Contact Author)

Fondazione Eni Enrico Mattei ( email )

Campo S. M. Formosa, Castello 5252
Venezia, 30122
Italy

Paulo Augusto Dias Nunes

University of Padova - Dipartimento Territorio e Sistemi Agro Forestali (TeSAF) ( email )

Legnaro, Padova 35020
Italy

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
70
Abstract Views
523
rank
358,057
PlumX Metrics