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Economics value
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Sustainability
08 June 2022
19
MINS
Beyond GDP – The value of marine ecosystem services
Prof Stephen Hynes
According to the most recent climate
change
report from the United Nations
,
sea level rise, ocean heat and acidification are massively impacting the ability of our oceans to deliver many of the critical ecosystem services that we depend on, yet take for granted. Governments and policy makers have generally failed to recognise the value
of
these marine ecosystem services in national income accounts and project appraisals; that situation is now changing.
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