Ecosystem Goods and Services Series: Valuation 101
(While reading the beginning, I wonder which way is more sustainable in reading on screen or reading a hard copy. The former consumes electricity while the latter spends paper.)
According to this article, there are two major valuation methods to measure sustainability : monetary valuation and integrate information valuation. The latter is more data-oriented valuation such as indicators or ecosystem models. The author points out that we should be well in financial planning plus indicators, models and simulation approaches.
I agree with the author's idea, however, don't decision makers such as politicians and executives or even ordinary people mainly concern about only money? I hope the latter valuation method can appeal to most of us. Or, we can make sustainable practices culture, we do without thinking about them. This thought reminds me of following quote.
Civilization advances by extending the number of important operations
which we can perform without thinking about them. - Alfred North
Whitehead, An Introduction to Mathematics, 1911 |