#772: Ecosystem Services Defined

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As early as the 1980’s, environmental leaders have said the environment has a value, and as natural capital, it should be included in the economic bottom line.  

This is ever more important as the world moves towards a greener, bio-based economy.

Over the last few years, the people at Alberta Innovates Bio Solutions and Technology Futures have actually been working on the economic framework for this new paradigm.

Carol Bettac is the Executive Director Responsible for Ecosystem Services and Biodiversity.

CAROL BETTAC:  Ecosystem services is defined as the benefits that people get from nature.  So it’s the things like water purification, pollination, air purification, those kinds of things.   So many ecosystem services such as food,  have market values and so what we’re trying to do is find a way to better understand what all the values are that are coming off the landscape and providing opportunities for Albertans to make better choices about how they use the landscape.  
  

Carol Bettac says determining market value for such things as clean water and biodiversity is guided by the agency’s Ecosystem Services Road Map

Thanks today to Alberta Innovates

FOR INNOVATION ANTHOLOGY
I’M CHERYL CROUCHER

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Alberta Innovates Technology Futures

Alberta Innovates launched its consolidation on November 1, 2016

780-450-5111
albertatechfutures.ca

250 Karl Clark Road,
Edmonton, Alberta, Canada
T6N 1E4

 

Program Date: 2016-04-12