Is Costanza's valuation of ecosystems widely accepted?
My work on valuing ecosystem services has been influential, sparking considerable debate and research. While the precise monetary figures can be contentious and are often approximations, the broader concept of recognizing nature's contribution is gaining traction. The challenge lies in developing methodologies that accurately capture the full spectrum of ecosystem benefits, especially intangible ones, and integrating them into policy and economic decision-making effectively.
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