The benefits of ecological restoration exceed its cost in South Africa: An evidence-based approach
R. Peacock,
M. Bently,
P. Rees and
J.N. Blignaut
Ecosystem Services, 2023, vol. 61, issue C
Abstract:
Ecological restoration has become a development intervention of choice at the highest levels of governance at a global level. In due recognition of the restoration of ecosystems’ capability and potential to contribute to economic, ecological and social wellbeing and health, the United Nations and its partners announced the UN decade of restoration which commenced in 2021. The strategic importance of restoration at a time when resources are under serious pressure necessitates that we take stock of what the costs and the benefits of restoration are. We analysed all the known papers published in peer-reviewed journals on the costs and benefits of restoration since 1997 for South Africa to make inferences about the cost-effectiveness thereof.
Keywords: Restoration; Economics; Restoration cost; Restoration benefits; Ecological restoration; Ecosystem goods and services (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoser:v:61:y:2023:i:c:s2212041623000207
DOI: 10.1016/j.ecoser.2023.101528
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