Accounting for Ecosystem Service Values in Climate Policy
In a comment for Nature Climate Change, RFF Fellow Hannah Druckenmiller reflects on the need to incorporate the ecosystem impacts of climate change into the social cost of carbon.
Ecosystem services are often omitted from climate policy owing to difficulties in estimating the economic value of climate-driven ecosystem changes. However, recent advances in data and methods can help us overcome these challenges and move towards a more comprehensive accounting of climate impacts.
For the open-access article, click on the link above.