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Biodiversity is important for ecosystem health from "summary" of Economics of the Environment by Robert N. Stavins

Biodiversity, the variety of life on Earth, plays a critical role in maintaining the health and functioning of ecosystems. This is because biodiversity provides a range of essential ecosystem services, such as pollination, water purification, and pest control. These services are crucial for the sustainability of ecosystems and for supporting human well-being. When biodiversity is reduced, ecosystems become more vulnerable to disturbances and less resilient to changes in environmental conditions. This can lead to a decline in ecosystem services, which in turn can have negative impacts on both the environment and society. For example, a decrease in pollinators can result in lower crop yields, while a loss of species that regulate pests can lead to increased agricultural damage. Furthermore, biodiversity helps to buffer ecosystems against the effects of climat...
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    Economics of the Environment

    Robert N. Stavins

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