THE NECESSITY OF SPECIAL DISCOUNTING TREATMENT FOR NATURE TO ASSESS THE FLOW OF INVESTMENTS
The purpose of the paper is to justify special natural discount rates in the efficiency assessment of conservation activities. Nowadays, the social rate of discounting suggested by D. Pearce is often used. However, many ecosystem values differ in such aspects as absence of high-grade anthropogenic s...
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| Format: | Article |
| Language: | English |
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Lomonosov Moscow State University
2010-12-01
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| Series: | Geography, Environment, Sustainability |
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| Online Access: | https://ges.rgo.ru/jour/article/view/237 |