Ecosystem Services That Our Economies Depend On
The World Economic Forum has calculated that a full 50% of the world's GDP is based on ecosystem services, and that the loss of biodiversity is a strong threat to the global economy. Below are some of the major Ecosystem Services that our economy heavily depends on:
Category | Ecosystem Service | Description |
---|---|---|
Provisioning Services | Biomass | Includes food (crops, livestock, fish, etc.), materials (wood, fibers, etc.), and energy (biofuels, etc.). |
Water | Freshwater used for drinking, irrigation, and industrial processes. | |
Genetic materials | Used for crop breeding, pharmaceuticals, and biotechnological applications. | |
Regulation & Maintenance Services | Climate Regulation | Ecosystems regulate the global climate by sequestering carbon and reflecting sunlight. |
Water Regulation and Purification | Wetlands filter pollutants from water, and forests regulate water flow. | |
Pollination | Essential for the production of many crops and linked to food security. | |
Soil Formation and Fertility | Healthy soils are vital for agriculture and forest production. | |
Disease and Pest Regulation | Ecosystems regulate the prevalence of many pests and diseases. | |
Cultural Services | Recreational and Tourism | Natural landscapes and biodiversity are major attractions for tourism. |
Aesthetic Value | Beauty of natural landscapes contributes to human well-being. | |
Spiritual and Religious Value | Many cultures attribute spiritual significance to certain ecosystems. | |
Cognitive and Educational | Ecosystems provide opportunities for scientific research and education. |