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intrinsic value
value that nature or a species has in itself, independent of human use or benefit
ex: valuing a forest simply because it exists
Instrumental Value
Value of nature based on its usefulness to humans
ex: forests providing timber or clean air
Relational value
Value derived from relationships between people and nature-based on identity, culture, or sense of responsibility
ex: a sacred mountain valued by an indigenous community
Ecosystem Services
Benefits human obtain from ecosystems, including provisioning(food, water),regulating (climate, floods),supporting (nutrient cycles), and cultural services (recreation, spiritual)
Ecological economics
Studies the relationship between ecosystems and economic systems, focusing on sustainability and the value of natural capital
Direct use values
Benefits derived directly from using natural resources
ex: Fishing, logging, tourism
Consumptive use values
Values from resources consumed directly without entering markets
ex: Gathering firewood or hunting for personal use
Productive use values
Values from resources harvested and sold in markets
Ex: Commercial fishing or logging for sale
Indirect use value
value of ecosystem functions that benefit people indirectly
Ex: wetlands filtering water or forests storing carbon
Option Value
Value of keeping natural resources available for future generations
Ex: conserving rainforests in case new medicines are discovered there
Non-use value
Value assigned to something even if one never uses it
Ex: Valuing endangered species or national parks simply for their existence
Sustainable development
Meeting present needs without compromising the ability of future generations to meet theirs-balancing environment, economy, and society
Environmental justice
The fair distribution of environmental benefits and burdens, ensuring all people-regardless of race or income to have equal access to a healthy environment
How do intrinsic, instrumental, and relational values differ?
Intrinsic: nature has value on its own (moral worth)
Instrumental: natures value comes from human use (resources/services)
Relational: value comes from human-nature relationships (cultural/spiritual meaning)
Give examples of different ways of valuing species and ecosystems.
Economic: (instrumental): forest provides timber, carbon storage, and tourism
Cultural (relational): river used in traditional ceremonies
Moral (intrinsic): protecting endangered species for their right to exist
Ecological: Wetlands maintain biodiversity and prevent flooding
Future-oriented: preserving coral reefs for future generations (option value)