4.7 Article

Measuring the economic value of pollination services: Principles, evidence and knowledge gaps

Journal

ECOSYSTEM SERVICES
Volume 14, Issue -, Pages 124-132

Publisher

ELSEVIER
DOI: 10.1016/j.ecoser.2014.09.013

Keywords

Pollination; Bees; Economic values; Ecosystem services; Natural capital assets; Thresholds

Funding

  1. Department of Economics, University of Waikato

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An increasing degree of attention is being given to the ecosystem services which insect pollinators supply, and the economic value of these services. Recent research suggests that a range of factors are contributing to a global decline in pollination services, which are often used as a headline ecosystem service in tel of communicating the concept of ecosystem services, and how this ties peoples' wellbeing to the condition of ecosystems and the biodiversity found therein. Our paper offers a conceptual framework for measuring the economic value of changes in insect pollinator populations, and then reviews what evidence exists on the empirical magnitude of these values (both market and non-market). This allows us to highlight where the largest gaps in knowledge are, where the greatest conceptual and empirical challenges remain, and where research is most needed. (C) 2014 Elsevier B.V. All rights reserved.

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