Biodiversity Conservation Economics

Biodiversity Conservation Economics is the study of the economic value of preserving natural ecosystems and diverse species. It examines the benefits of maintaining healthy environments, such as clean air and water, food resources, and tourism opportunities. By quantifying these benefits, policymakers can justify investments in conservation efforts and sustainable practices. This field emphasizes the balance between economic development and environmental protection, recognizing that healthy ecosystems contribute to human well-being and can reduce future costs related to environmental degradation. Ultimately, it highlights the interdependence of nature and the economy.