What is social value of biodiversity?

The social value of biodiversity includes aesthetic, recreational, cultural and spiritual values. To this can be added health benefits resulting from recreational and other activities.

What is the social benefits of biodiversity?

Biodiversity supports human and societal needs, including food and nutrition security, energy, development of medicines and pharmaceuticals and freshwater, which together underpin good health. It also supports economic opportunities, and leisure activities that contribute to overall wellbeing.

What is the value of biodiversity?

Biodiversity is essential for preserving ecological processes, such as fixing and recycling of nutrients, soil formation, circulation and cleansing of air and water, global life support, maintaining the water balance within ecosystems, watershed protection, maintaining stream and river flows throughout the year, …

What is biodiversity in society?

Biodiversity is a term used to describe the enormous variety of life on Earth. It can be used more specifically to refer to all of the species in one region or ecosystem. Biodiversity refers to every living thing, including plants, bacteria, animals, and humans.

What is the ecological value of biodiversity?

Ecological life support— biodiversity provides functioning ecosystems that supply oxygen, clean air and water, pollination of plants, pest control, wastewater treatment and many ecosystem services. Recreation—many recreational pursuits rely on our unique biodiversity , such as birdwatching, hiking, camping and fishing.

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What are the social benefits?

Social benefits are current transfers received by households intended to provide for the needs that arise from certain events or circumstances, for example, sickness, unemployment, retirement, housing, education or family circumstances. Source Publication: SNA 8.7.

Why is biodiversity important environmentally socially and economically?

Biodiversity Underpins Economic Activity

Agriculture, forestry and fisheries products, stable natural hydrological cycles, fertile soils, a balanced climate and numerous other vital ecosystem services depend upon the conservation of biological diversity.