Economics of Land Degradation

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= "To transform global understanding of the value of land and to create awareness of the economic case for sustainable land management". [1]

URL = https://www.eld-initiative.org/

Description

"The Economics of Land Degradation (ELD) Initiative is an international collaboration that provides a global assessment of the economics of land degradation, and highlights the benefits of sustainable land management. Working with a team of scientists, practitioners, policy-/decisionmakers, and all interested stakeholders, the Initiative endeavours to provide a scientifically robust, politically relevant, and socio-economically considerate approach that is economically viable and rewarding. Ensuring the implementation of more sustainable land management is of critical importance considering the vast environmental and socio-economic challenges we are collectively facing – from food, water, and energy security and malnutrition, to climate change, a burgeoning global population, and reduction in biodiversity, ecosystems, and ecosystem services.

Understanding the cost of inaction and beneftis of action are important in order for all stakeholders to be able to make sound, informed decisions about the amount and type of investments in land they make. Even though techniques for sustainable land management are known, many barriers remain and the financial and economic aspects are often put forward as primary obstacles. If the full value of land is not understood by all stakeholders, it may not be sustainable managed, leaving future generations with diminished choices and options to secure human and environmental well-being." (https://www.eld-initiative.org/fileadmin/pdf/ELD-main-report_05_web_72dpi.pdf)


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