How do you price a life lost to floods or cultural heritage destroyed by a storm? What are the costs when an ecosystem or territory is no longer habitable due to prolonged drought, sea-level rise or salt intrusion? These are some of the questions a recently-launched study hopes to answer in an effort to highlight the value of things that are not commonly traded in markets but hold intrinsic worth for individuals, society and the environment, and that could be lost, damaged or destroyed as a result of climate change impacts. ecc-platform.org/index.php?option=com_k2&view=item&id=5122:study-aims-to-price-social,-cultural-costs-of-climate-damage&Itemid=750
Posted on: Tue, 14 Oct 2014 12:00:01 +0000