September 26, 2018

Former scientific director of Anil Markandya took part at WRI Restoration Economics & Finance Webinar Series No.2

Most land use (change) decisions are still based on incomplete information about the real welfare effects (costs and benefits) because many so-called externalities (positive and negative) associated with the change in land use and management are neglected. This leads to loss and degradation of ecosystems and their services affecting human well-being. Worldwide more than 25% of the land surface is now more or less degraded (UNCCD Global Land Outlook, 2017), costing between 4 and 20 trillion US$/year in terms of damage, repair or replacement costs (Costanza et al., 2014).




María de Maeztu Excellence Unit 2023-2027 Ref. CEX2021-001201-M, funded by MCIN/AEI /10.13039/501100011033

©2008 BC3 Basque Centre for Climate Change.


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