This course explores three basic principles when considering ecosystem services:
- The nature of values
- Coasian bargaining
- The precautionary principle
We apply these principles to the classic case studies of planting genetically modified crops, the Chernobyl disaster and health damage from asbestos. A discussion explores ecosystem services. This course will help you to understand these basic principles so that you are equipped to help deal with some of the difficult environmental decisions we are facing.
Humans are very innovative, but we’ve also created many ecological problems. We’ve changed the face of the planet by agriculture and forestry. We’ve fished the oceans, and we’re causing climate change through greenhouse gases released from fossil fuels. Designing institutional arrangements that recognise ecosystem services in the values we place upon natural systems will be an important way to help governing the planet, for both present and future generations.
No background required; all are welcome!