For subscribers
The challenges of valuing biodiversity in Singapore
The task requires ecologists and economists to work closely and refine existing valuation techniques to account for the complexities of biodiversity.
Sign up now: Get ST's newsletters delivered to your inbox
Accounting for, and protecting against, biodiversity losses requires more than just an environmental impact assessment, say the writers.
PHOTO: NPARKS
Euston Quah and Tan Jun Rui
Follow topic:
Valuing biodiversity in Singapore is crucial. But how do you value the benefits and costs of Mother Nature?
One example of the challenges in doing this is the Cross Island MRT Line, originally slated to pass through the Central Catchment Nature Reserve, home to an abundance of species.
