Economics of biodiversity

The biodiversity of the Masai Mara nature reserve in Kenya is a tourist attraction

There have been a number of economic arguments advanced regarding evaluation of the benefits of biodiversity. Most are anthropocentric but economists have also debated whether biodiversity is inherently valuable, independent of benefits to human.

Diverse ecosystems are typically more productive than non-diverse ones, because any set of species can never fully exploit all potential niches. Since human economic productivity is largely reliant on Earth's ecosystems, adequate bioproductivity needs to be maintained.

The wealth of natural innovation found in biological organisms rivals all known technologies derived through synthetic means. A single human genome has some three billion bits of information but the human species also has many variations. There are many millions of species of life on the planet each with valuable information. Many chemical formulae and forty-five percent of all drugs have bio-origin . In the long run keeping genetic records of all species could, however, be just as useful in this regard.

Some of the important economic commodities that biodiversity supplies to humankind are:

Food

Main article: Biodiversity and food

Biodiversity provides high variety of food: crops, livestock, forestry, and fish are important food source of human species. However, the number of species have been domesticated and cultivated are small if comparing with the number of species existing. Wild species and varieties can supply genes for improving domesticated species by improving their yield, disease resistance, tolerance and vigor; this can increase the profit of farming.

Biological pest control

A ladybird larva eating aphids

Using control species is often considered as more enivronmentally friendly method with compared with using pesticides. The control species can be used to protect the crops against pests and weeds. The economic loss due to the loss of crops/food can be reduced with the use of the control species.

Also, the population of disease vectors (for example, mosquitoes) and the invasive species can be controlled; thus, the economic loss led by the invasive species and vectors can be reduced.

However, even with extensive research into the control species, their use is a risky business, as in the importation of the Cane Toad to control beetles in Queensland.

Medication

A wide variety of plants, animals and fungi are used as medicine. Wild plant species have been used for medicinal purposes since before the beginning of recorded history. Over 60% of world population depends on the plant medicines for their primary health care.[1] For example, quinine comes from the cinchona tree has been used to treat malaria, digitalis from the foxglove plant treats chronic heart trouble, and morphine from the poppy plant gives pain relief.

According to the National Cancer Institute, over 70% of the promising anti-cancer drugs come from plants in the tropical rainforests. It is estimated that of the 250,000 known plant species, only 5,000 have been researched for possible medical applications. Ethnopharmacy is the branch of science that investigates traditional medicines.

Animals may also play a role, in particular in research. In traditional remedies, animals are extensively used as drugs. Many animals also medicate themselves. Zoopharmacognosy is the study of how animals use plants, insects and other inorganic materials in self-medicatation. In an interview with the late Neil Campbell, Eloy Rodriguez describes the importance of biodiversity:

"Some of the compounds we've identified by zoopharmacognosy kill parasitic worms, and some of these chemicals may be useful against tumors. There is no question that the templates for most drugs are in the natural world." [2]

Industry

For example, fibers for clothing, wood for shelter and warmth. Biodiversity may be a source of energy (such as biomass). Other industrial products are oils, lubricants, perfumes, fragrances, dyes, paper, waxes, rubber, latexes, resins, poisons, and cork, which can all be derived from various plant species. Supplies from animal origin include wool, silk, fur, leather, lubricants, and waxes.

Animals may also be used as a mode of transport.

Biological material can provide models for many industrial materials and structures. For example, the inspiration for the infrared sensor came from the thermosensitive pit organ of rattlesnake. The modelling is considered as Biomimicry.

By biodiversity we take different kind of materials in different and new form like first we use a paper that is made of only from wood but by biodiversity we improve it and use in our daily life.

                   
== biodiversity and printing ==

Printing companies’ impacts on biodiversity are often associated with other environmental impacts, such as energy use, waste generation or emissions of VOCs. Major impacts arise from the technology employed in the printing process, procurement decisions as well as the way in which a company manages and interacts with wildlife on its own site as well as within the community where it is based.

Off-set lithography, employed by the majority of printers operating in the UK, emits Volatile Organic Compounds (VOCs) in the process of eliminating water surface tension necessary to make ink adhere to paper. When oxides of nitrogen (NOx) react with oxygen in the presence of Volatile Organic Compounds (VOCs), sunlight ozone is produced. At ground level, ozone poses a significant threat to ecosystems as well as humans. By destroying chlorophyll, it interferes with the ability of plants to produce and store food, making them more susceptible to disease, insects, other pollutants and harsh weather. This is turn limits the food availability for foragers, threatening the health of an entire ecosystem. Other ramifications include potential economic effects due to crop damage by ground level ozone reducing crop yields. Off-set lithography also requires water, and in the UK potentially millions of gallons are diverted from habitats and species each year by the printing sector.

The industry’s demand for paper provides companies with an influence over the amount as well as the type of paper supplied. Forest stewardship promoting sustainable management is essential for balancing the need for forest products, including wood pulp used in paper manufacturing, and conservation of trees, soil, water courses, plants and animals. Destruction of ancient woodland, rain forests or other important woodland habitats for the production of paper have important ramifications for biodiversity within the de-forested and surrounding areas as well as globally. Regardless of the type of paper sourced, excessive paper use due to inefficiencies can add to unnecessary waste streams and high demands on paper can place pressure on forest environments.

Where a company is located on or near a site with some wildlife potential, the way in which this land is managed will have a significant impact on biodiversity. Biodiversity can flourish in urban environments given the right conditions such as un-mown grass verges, hedges or bird-feeders or boxes. There are now many examples of how the integration of biodiversity into urban areas not only helps wildlife, but provides people with potential for enjoying and taking part in activities which benefit nature conservation.Bold text

Recreational harvesting

Various animals are harvested for display and as pet; many species of plants are harvested for personal and private gardening.

In Britain alone, some 65,000 species are sold for horticulture. It has been suggested that this form of ex-situ conservation may be the most practical form in the future.

Tourism and recreation

Main article: Ecotourism

Biodiversity is a source of economic wealth for many regions of the world, such as many nature reserves, parks and forests, where wildlife and plants are sources of beauty and joy for many people. Ecotourism, in particular, is a growing outdoor recreational activity. In 1988, it is estimated that 157-236 million people took part in ecotourism. The majority of species have yet to be evaluated for their current or future economic importance.

See also

References

  1. Kevin J. Gaston & John I. Spicer. 2004. Biodiversity: an introduction, Blackwell Publishing. 2nd Ed. ISBN 1-4051-1857-1
  2. Campbell, N. A. (1996) Biology (4th edition). Benjamin Cummings NY. p.23 ISBN 0-8053-1957-3