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Restoring Natural Capital: Science, Business and Practice

Title: Restoring Natural Capital: Science, Business and Practice

Editors: James Aronson, James Blignaut and Sue Milton

Publisher: Island Press

ISBN: 9781597260770

Review: Aronson (Center for Functional and Evolutionary Ecology, French National Scientific Research Network, France), Milton (conservation ecology, Stellenbosch U., South Africa) and Blignaut (economics, U. of Pretoria, South Africa) believe that reversing environmental degradation requires both better management of the demand for ecosystem goods and services and an increase in the supply of ecosystem goods and services through the restoration of natural capital. It is the latter issue that their book focuses on, seeking to establish common ground between economists and ecologists on the science, business, and practice of restoring natural capital. They first present chapters reflecting on the restoration of natural capital from ethical, ecological economic, and mainstream economic perspectives. Nineteen case studies then demonstrate how to set socially and ecologically appropriate targets for restoration of natural capital, refine approaches to funding and implementing restoration projects, and connect natural capital restoration to other social and economic goals. Finally, the editors present chapters exploring such issues as the valuation of natural capital and outlining effective tactics for overcoming economic, legal, institutional, cultural, political, physical, and biological obstacles to natural capital restoration from the local and landscape levels to the global level.

 

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