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The Need To Evaluate Ecosystem Benefits

Author

Listed:
  • Nikolova, Marina

    (D. A. Tsenov Academy of Economics)

Abstract

To preserve our environment means to preserve the soil, the water, and the natural resources, i.e. life on our planet. And indeed, unspoilt nature is not only a prerequisite, but also valuable capital for doing business successfully, i.e. developing eco-tourism, organic farming, sustainable forestry, etc. On the one hand, managerial decisions which employ environmentally friendly production methods in our country make it possible to manage eco-systems (and bio-diversity in general). On the other hand, eco-systems provide a wide range of useful services and thus improve the quality of our life and create favourable conditions for the long-term well-being of people. The value of eco-systems will increasingly continue to grow in the future, mainly due to the loss of eco-systems. Therefore, the need to evaluate the services provided by eco-systems is becoming more obvious. Conscientious management of natural capital and services provided by eco-systems lead to increased social and economic sustainability not only at a regional and national level, but on a European and global scale as well.

Suggested Citation

  • Nikolova, Marina, 2015. "The Need To Evaluate Ecosystem Benefits," Business Management, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 2, pages 1-9.
    • Handle: RePEc:dat:bmngmt:y:2015:i:2:p:9
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    File URL: http://hdl.handle.net/10610/1415
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