. The economics of biodiversity loss: Scoping the science . Dittc-rcnco& tr bc-notrts i:i! ⢠retained timber production =+ FB, ⢠prevented wheat production = - we, ⢠changed carbon storage * - WB; « FBj ⢠retained pollination of nearby crops * ⢠FB3 Prevented one-off faitnelH of conversion IC>: ⢠prevented windfall of timber harvest - - TH Net difierenrjie In benelue fCf AB = Ff3, - WB,- WB; â > FBj + FBj - TH umprcTCC'S in casta |C|: * changad management costs = - WC, 4 FC, * maintained damage to nearby crops = -t FC2 * avoided pollution runoff to nearby rivers "-WCT fty
. The economics of biodiversity loss: Scoping the science . Dittc-rcnco& tr bc-notrts i:i! ⢠retained timber production =+ FB, ⢠prevented wheat production = - we, ⢠changed carbon storage * - WB; « FBj ⢠retained pollination of nearby crops * ⢠FB3 Prevented one-off faitnelH of conversion IC>: ⢠prevented windfall of timber harvest - - TH Net difierenrjie In benelue fCf AB = Ff3, - WB,- WB; â > FBj + FBj - TH umprcTCC'S in casta |C|: * changad management costs = - WC, 4 FC, * maintained damage to nearby crops = -t FC2 * avoided pollution runoff to nearby rivers "-WCT ftymrterl one-off cost ol conversion rci: ⢠avoided cost* of physical conversion = - FC Net differences In coats ftl: . AC -- WC, + FC, + FC, - WC, -PC Net ⬠consequences of not converting from forest to wheat At - AB - AC â FB, - WB, - WB; * FB; ⢠FB, - TH - (- WC, < FC, ⢠FC; - WC2 - PC) = FB,+FB;*FBi + WC, â ⢠WC, t PC retained tnrsist ri«n«N*
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