The effect of human wellbeing on the economic social and ecological aspects of ones life

Memory and projection Wellbeing and health Also frequently related are concepts such as freedom, human rightsand happiness. However, since happiness is subjective and difficult to measure, other measures are generally given priority.

The effect of human wellbeing on the economic social and ecological aspects of ones life

Many ecosystem services, such as the purification of water, regulation of floods, or provision of aesthetic benefits, do not pass through markets. The benefits they provide to society, therefore, are largely unrecorded: Moreover, for ecosystem services that do not pass through markets there is often insufficient incentive for individuals to invest in maintenance although in some cases common property management systems provide such incentives.

Typically, even if individuals are aware of the services provided by an ecosystem, they are neither compensated for providing these services nor penalized for reducing them.

These nonmarketed benefits are often high and sometimes more valuable than the marketed benefits. Total economic value of forests. One of the most comprehensive studies to date, which examined the marketed and nonmarketed economic values associated with forests in eight Mediterranean countries, found that timber and fuelwood generally accounted for less than a third of total economic value in each country.

Recreational benefits of protected areas: Water purification service of wetlands About half of the total economic value of the Danube River Floodplain in could be accounted for in its role as a nutrient sink.

The total economic value associated with managing ecosystems more sustainability is often higher than the value associated with the conversion of the ecosystem through farming, clear-cut logging, or other intensive uses.

Relatively few studies have compared the total economic value including values of both marketed and nonmarketed ecosystem services of ecosystems under alternate management regimes, but a number of studies that do exist have found that the benefit of managing the ecosystem more sustainably exceeded that of converting the ecosystem see Figure 3.

These studies are consistent with the understanding that market failures associated with ecosystem services lead to greater conversion of ecosystems than is economically justified. However, this finding would not hold at all locations.

For example, the value of conversion of an ecosystem in areas of prime agricultural land or in urban regions often exceeds the total economic value of the intact ecosystem.

The economic and public health costs associated with damage to ecosystem services can be substantial. The early s collapse of the Newfoundland cod fishery due to overfishing see Figure 3. The costs of U. The invasive species have caused losses of biodiversity, water, soil, and scenic beauty, although they also provide some benefits, such as provision of firewood.

The incidence of diseases of marine organisms and emergence of new pathogens is increasing, and some of these, such as the ciguatera, harm human health C Episodes of harmful including toxic algal blooms in coastal waters are increasing in frequency and intensity, harming other marine resources such as fisheries and harming human health R16 Figure The number of both floods and fires has increased significantly, in part due to ecosystem changesin the past 50 years.

IN ADDITION TO READING ONLINE, THIS TITLE IS AVAILABLE IN THESE FORMATS:

Examples are the increased susceptibility of coastal populations to tropical storms when mangrove forests are cleared and the increase in downstream flooding that followed land use changes in the upper Yangtze river C.

Significant investments are often needed to restore or maintain nonmarketed ecosystem services. In South Africa, invasive tree species threaten both native species and water flows by encroaching into natural habitatswith serious impacts for economic growth and human well-being.

Although degradation of ecosystem services could be significantly slowed or reversed if the full economic value of the services were taken into account in decision-making, economic considerations alone would likely lead to lower levels of biodiversity medium certainty CWG.

Although most or all biodiversity has some economic value the option value of any species is always greater than zerothat does not mean that the protection of all biodiversity is always economically justified.

For example, many of the steps taken to increase the production of ecosystem services involve the simplification of natural systems. Agriculture, for instance, typically has involved the replacement of relatively diverse systems with more simplified production systems. And protecting some other ecosystem services may not necessarily require the conservation of biodiversity.

For example, a forested watershed could provide clean water whether it was covered in a diverse native forest or in a single-species plantation. Ultimately, the level of biodiversity that survives on Earth will be determined not just by utilitarian considerations but to a significant extent by ethical concerns, including considerations of the intrinsic values of species.

Even wealthy populations cannot be fully insulated from the degradation of ecosystem services CWG. The degradation of ecosystem services influences human well-being in industrial regions and among wealthy populations in developing countries.

Land degradation or fires in poor countries, for example, has contributed to air quality degradation dust and smoke in wealthy ones. Degradation of ecosystem services exacerbates poverty in developing countries, which can affect neighboring industrial countries by slowing regional economic growth and contributing to the outbreak of conflicts or the migration of refugees.

Changes in ecosystems that contribute to greenhouse gas emissions contribute to global climate changes that affect all countries. Many industries still depend directly on ecosystem services.

Well-being - Wikipedia

The collapse of fisheriesfor example, has harmed many communities in industrial countries.nation’s natural, human, social and cultural wealth aspects of human development: life expectancy at birth, education (combination of mean years of schooling and new economic paradigm based on the principles of happiness and wellbeing, ecological sustainability, efficient use of resources and fair distribution.

over to you! The authors caution that GPI and related metrics are measures of human and social welfare and not adequate to account for the ecological costs associated with economic growth.

The effect of human wellbeing on the economic social and ecological aspects of ones life

In addition, the article discusses the suitability of wellbeing models and metrics for local scale applications, recognizing growing interest in these techniques at the. Economic development is the continued, active efforts of the public and private sectors of a country that promote the standard of living and economic health of the country.

Generally, as a country. From an operational point of view, these considerations have recently fostered the debate among researchers about how to evaluate sustainability by combining the economic, social and environmental aspects of human life (see e.g.

1 How is human well-being linked to ecosystem services?

Pulselli et al., , Distaso, , Floridi et . A set of the most relevant human wellbeing indicators were selected from the socio-economic survey CASEN of the Ministry of Social Development (). CASEN () provides data of human wellbeing indicators at the municipality scale from the years , , and SUSTAINABLE and HEALTHY COMMUNITIES RESEARCH PROGRAM A U.S.

Human Wellbeing Index (HWBI) for Evaluating the Influence of Economic, .

The Measurement of Economic, Social and Environmental Performance of Countries: A Novel Approach