Why nature matters: A systematic review of intrinsic, instrumental, and relational values.

In this article, we present results from a literature review of intrinsic, instrumental, and relational values of nature conducted for the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, as part of the . We identify the most frequently recurring meanings in the heterogeneous use of different value types and their association with worldviews and other key concepts. From frequent uses, we determine a core meaning for each value type, which is sufficiently inclusive to serve as an umbrella over different understandings in the literature and specific enough to help highlight its difference from the other types of values.

Diverse values of nature for sustainability.

Twenty-five years since foundational publications on valuing ecosystem services for human well-being, addressing the global biodiversity crisis still implies confronting barriers to incorporating nature's diverse values into decision-making. These barriers include powerful interests supported by current norms and legal rules such as property rights, which determine whose values and which values of nature are acted on. A better understanding of how and why nature is (under)valued is more urgent than ever.

Economic valuation of wildlife conservation.

Unlabelled: This paper reviews concepts and methods for the economic valuation of nature in the context of wildlife conservation and questions them in light of alternative approaches based on deliberation. Economic valuations have been used to set priorities, consider opportunity costs, assess co-benefits of conservation, support the case for conservation in public awareness and advocacy, and drive novel schemes to change incentives. We discuss the foundational principles of mainstream economic valuation in terms of its assumptions about values, markets, and human behaviour; propose a list of valuation studies in relation to wildlife protection; and explain the methods used.

The interplay between economics, legislative power and social influence examined through a social-ecological framework for marine ecosystems services.

In the last 15 years, conservation has shifted increasingly towards perspectives based on the instrumental value of nature, where what counts is what provides benefits to humans. The ecosystem services framework embraces this vision of nature through monetary valuation of the environment to correct market failures and government distortions that hinder efficient allocation of public goods, including goods and services provided by biodiversity and ecosystems. The popularity of this approach is reflected in different countries legislation; for instance, US, EU and UK have introduced economic criteria for comparing costs and benefits of environmental policies in protecting ecosystem services.