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Purposes and degrees of commodification: Economic instruments for biodiversity and ecosystem services need not rely on markets or monetary valuation

Abstract:

Commodification of nature refers to the expansion of market trade to previously non-marketed spheres. This is a contested issue both in the scientific literature and in policy deliberations. The aim of this paper is to analytically clarify and distinguish between different purposes and degrees of commodification and to focus attention to the safeguards: the detailed institutional design. We identify six degrees of commodification and find that all ecosystem services policies are associated wi...

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Publication status:
Published
Peer review status:
Peer reviewed
Version:
Publisher's Version

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Publisher copy:
10.1016/j.ecoser.2015.10.012

Authors


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Institution:
University of Oxford
Division:
Social Sciences Division
Department:
Oxford University Centre for the Environment
Ituarte-Lima, C More by this author
Schultz, M More by this author
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Publisher:
Elsevier Publisher's website
Journal:
Ecosystem Services Journal website
Volume:
16
Pages:
74-82
Publication date:
2019-10-29
Acceptance date:
2019-10-19
DOI:
ISSN:
2212-0416
Pubs id:
pubs:572338
URN:
uri:1f3085bd-f045-435c-81a7-4b730ade1712
UUID:
uuid:1f3085bd-f045-435c-81a7-4b730ade1712
Local pid:
pubs:572338

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