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As the debate about how to revive our economy while sustaining our environment heats up, it's important to remember that the economic driver truly "too big to fail" is Mother Nature herself.
It's been calculated that nature's "Ecosystem Services" are worth over $33 trillion dollars a year – nearly double the size of the global economy. And while that figure is important for putting a value on Nature's contributions to the economy, it belies the fact that without nature we could not survive at all.
So the true value of natural services? Priceless.
In their seminal work "Sustaining Life: How Human Health Depends on BioDiversity," Harvard M.D.'s teamed up with Oxford University Press, the U.N. Environment Program, and famed biologist E.O. Wilson to compile a comprehensive picture of how diverse species and ecosystems provide "materials, conditions, and processes that sustain all life on this planet, including human life."
Here's a look at the Top 10 things Mother Nature does for us for free, year after year, that we couldn't even begin to do ourselves without her:
1. Net Primary Production (NPP)
While economists fret over the GDP, many are unaware of the NPP, which is the total amount of plant material produced during a year through photosynthesis. This organic matter is not only the base of the entire food chain, but also the foundation for all other ecosystem services.
So how big is the NPP? Land ecosystems on the planet produce an estimated 132 billion tons, and the NPP of the oceans is similar.
The problem? Humans are consuming and degrading nearly 40% of terrestrial NPP, and the oceans aren’t faring much better.
The real problem? When ecosystems collapse, there is no way to bail them out.
2. Plant and Animal Products
For thousands of years people have relied on nature to provide our food, clothing, shelter, tools, fuel and medicine.
The annual catch from the world's fisheries alone is valued at $100 billion a year, besides being the primary source of protein for millions of people in Africa and Asia. The world's grasslands support the animals that give us meat, milk, wool, and leather, while forests give us timber for shelter, furniture, and paper.
Organic material from plants and trees also supply 15% of the world's fuel – 40% in the developing world. In addition, the world's medicines are all derived from the work of nature's invisible bio-chemists; as are hundreds of other industrial products including resins, dyes, and insecticides.
We're talking trillions of dollars here, folks.
3. Pollination
We know we need plants to survive, but we often forget that plants need pollinators to reproduce. Bees alone pollinate a third of the nation's food supply, and are vital to major economic drivers like California's billion dollar agriculture business.
The onset of Colony Collapse Disorder among the nation’s overworked, pesticide-laden bees has brought attention to this issue.
Less known is the economic impact of having forests and the wild pollinators they support near to our fields and farms.
In Costa Rica, WWF researchers found that preserving forest fragments near coffee plantations nearly doubled pollination rates which increased yields by 20%, raising average incomes $62,000 a year.
Look Toward Mother Nature For Inspired Gift-Giving Ideas
No matter what part of the world you hail from, it’s quite common to celebrate a diverse array of traditional and slightly quirky holidays throughout the year…come on, who doesn’t like to par-tay?
Great Post
Hey Andrew, this is a really great top ten list. Extremely well written and so appropriate for Earth Day. Controlling erosion was an interesting point that I had not considered previously. You can post this to our site http://www.toptentopten.com/ and then link back to your site. The coolest feature is you can let other people vote on the rankings of your list.
updated cost figures on ecosystem service values
thanks for the great article. The $33 trillion figure from the Costanza et al paper is the mid-range, and is in 1994 dollars. Updated to constant 2008$ the figures are: the full range is $23 to $78 trillion (up from $16 to $54 trillion figures in 1994$), with the more usual mid-figure cited becoming $47.5 trillion total (up from $33 trillion).
Also, check out Law Professor David R. Hodas' intriguing paper:
David R. Hodas. "Ecosystem Subsidies of Fossil Fuels" Journal of Land Use and Environmental Law 22 (2007): 599.
Available at: http://works.bepress.com/david_hodas/19
ABSTRACT: Of all the services ecosystems provide, the service of collecting, concentrating, and storing solar energy is most central to the human story. Not only do ecosystems collect and store solar energy in biomass, but the world’s ecosystems transform biomass into fossil fuels such as coal, petroleum, and natural gas.1 These fossil fuels “are energy from the Sun, stored within the earth.”2 In the process of doing that, the world’s ecosystems produced an oxygen rich atmosphere and enveloped the globe in a blanket of green-house gases that warm the earth to a level temperate enough to support life as we know it. Yet the value of these ecosystem services is ignored by our legal and economic regimes. By taking these services for granted the law allows the market to value the earth’s fossil fuel manufacturing services at $0.00. We treat oil, coal, and natural gas fossil fuels and our chlorophyll-based biota as glorious, inexhaustible, unconditional gifts.
Wasting Solar Income while Raiding Solar Savings
Yes, I agree that the dollar figures are conservative at best. And considering that none of us can photosynthesize, we really are helpless without natural systems.
But it's important to put a dollar figure on Ecosystem services, and not just in the abstract, or aggregate. We need to find a way to incorporate these services into the balance sheet when say, a river bank is degraded, a field paved over, a hillside clear cut or mined. These are not 'empty' spaces by any means. They are working - and very efficiently.
Nevertheless, the Big Picture is also important to understand in terms of economic metaphors. This planet runs on 'solar income' which accumulates over millions of years in the form of fossil fuels. In our current economy we aren't living on our income.
We are squandering our income by letting good sun and wind energy go to waste w/o collecting it; raiding our 'savings' of fossil fuels at a pace literally millions of times faster than we 'earned' it; and using the money to destroy our future by threatening global ecosystems which we depend upon for our survival.
I'm sure even a hedge fund analyst could tell you that's a recipe for economic collapse!
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