Is it for the nutritional content of the fish it sustains? The economic benefit of the local livelihoods it supports? Or does the river have its own value which humans cannot measure?
"This is largely because our current approach to political and economic decisions does not sufficiently account for the diversity of nature's values," she said of conclusions based on 13,000 references drawn from sources ranging from scientific papers to consultations with indigenous groups. While some argue that assigning a money value to natural resources will push governments, companies and consumers to look after them, others believe that putting a price tag on something with inestimable value will have the very opposite effect.
"Economic valuation is necessary but it is not sufficient," report co-chair Unai Pascual said. "We have to balance all the different types of values that exist out there." While past attempts to resolve nature conflicts have often failed to balance competing priorities or ignored some voices -- typically the low-income or indigenous ones -- there have been some notable successes.
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