The Economics of Biodiversity

The economics of biodiversity involves understanding how healthy ecosystems provide valuable resources and services—like clean water, pollination, and climate regulation—that support human well-being and the economy. Preserving biodiversity can prevent costly damages from environmental disruptions and ensure sustainable resource use. Investing in conservation often costs less than repairing ecosystem damage later. Ultimately, biodiversity is a vital economic asset that sustains industries, livelihoods, and quality of life, making its protection both an ecological and financial priority.