SUSTAINABLE DEVELOPMENT OR RESERVATIONS FOR RUSSIAN CITIZENS FOR ECOSYSTEM SERVICES TO OTHER COUNTRIES?

Potapov Victor Vasilievich, Candidate of Economics, General Director of “Center EVOS” Ltd., Head of the Laboratory of Innovation of JSC “Institute of Microeconomics”

Abstract

Russia has the world’s largest potential of natural and biological resources, but currently hardly uses it in its economy. Economic valuation of ecosystem services, i.e. the benefits that people get from use of ecosystems, must go from the realm of theory to preparing the compensation mechanisms for Russia’s service as an ecological donor. This approach should also be implemented at the national level.

KEYWORDS: biological potential, ecosystem services, economic valuation of ecosystem services, sustainable development.

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