Scotland's environment valued at €25bn
Scotland's environment and ecosystem services are worth UK£17bn (€25bn) per year, equivalent to 27% of the country's annual GDP, according to a paper just published in the journal European Environment. The findings are based on a method called contingent valuation and mark its first application to a particular nation, the authors claim. Scotland's water environment is shown to contribute over 90% of gross ecosystem service values. Nutrient cycling is found to be by far the most important of 17 types of ecosystem services analysed. See European Environment March/April 2003 issue.
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