Financing conservation by valuing carbon services produced by wild animals.

ABSTRACT: Filling the global biodiversity financing gap will require significant investments from financial markets, which demand credible valuations of ecosystem services and natural capital. However, current valuation approaches discourage investment in conservation because their results cannot be verified using market-determined prices. Here, we bridge the gap between finance and conservation by valuing only wild animals’ carbon services for which market prices exist. By projecting the future path of carbon service production using a spatially explicit demographic model, we place a credible value on the carbon capture services produced by African forest elephants. If elephants were protected, their services would be worth $20.8 billion ($10.3 to $29.7 billion) and $25.9 billion ($12.8 to $37.6 bi

SUBMITTER: Berzaghi F 

PROVIDER: S-EPMC9295732 | biostudies-literature | 2022 May

REPOSITORIES: biostudies-literature