Biodiversity loss could be considered as one of the greatest economic problems of this century. First, it is economic growth and industrial development which causes large biodiversity loss and damages to the ecosystem. The rapid growth of the population from around two billion in 1900 to more than seven billion by 2010, along with a massive increase in income and corresponding resource consumption, already has affected earth’s natural ecosystems severely (Helm and Hepburn, 2012). Second, loss of biodiversity and ecosystems may signi? cantly reduce future productivity of the economy as well. In other words, businesses are intimately linked with biodiversity and ecosystem services in two basic ways. First, they impact ecosystems and services though their activities. Second, the survival of all businesses, irrespective of sectors, depends on biodiversity and ecosystem services as inputs to their production(Hansonet, 2012).
|Title of host publication||The Routledge Handbook of Environmental Economics in Asia|
|Publisher||Taylor and Francis|
|Number of pages||20|
|Publication status||Published - Jan 1 2015|
All Science Journal Classification (ASJC) codes
- Economics, Econometrics and Finance(all)
- Business, Management and Accounting(all)