TAILIEUCHUNG - Externalities and biodiversity valuation’

One of the most important reasons for loss of biodiversity, is that conservation and sustainable use of natural resources is generally not a viable financial option, and this is because of a combination of market and policy failures. Put simply, natural resources are under- valued because no account is taken of the time it takes to produce the next harvest, nor any costs involved in managing lands for future harvests, nor the environmental and social costs associated with loss of products. Internalising these costs, so that parties trading in a particular product pay a larger part of these costs, is a central element in dealing with the “externalities” that. | ase-an Voliw í. Í e OKt ISSFJ 1655-0471 I 1G nciNsngjiajniH nf tiia ASEAid Riỉ ioral Canrtra Eor BiũdivnrsHv CansRrvaSiwi AIÙIII1 coopLTU L J - pruiecl hrtwewi AS AN diKl Ihfl BfflWMn Union ai d a CMiEribiflkMI 10 llw ftSEAN Enuirr nnien lai Filurabnn Plan. uOŨ 2ŨŨE ABOUT YOU AND US Biodiversity ĩ Ử U Editor-in-Chief Monina T. Uriarte Managing Editor Bridget P. Botengan Creative Artist Nanie S. Gonzales Circulation Manager Arlene Balauro Angelica Castro EDITORIAL BOARD Chairpersons Gregorio I. Texon John R. MacKinnon Members Aida B. Lapis Lauro Punzalan Imelda Pangga Alma Logmao Advisors Mike Appleton Giacomo Rambaldi Lewie Dekker Jose Lambiza ASEAN Regional Centre for Biodiversity Conservation ARCBC Headquarters . Box 35015 College Laguna 4031 Philippines Tels. or 536-4042 Telefax or 536-2865 E-mail Website ARCBC Annex Ninoy Aquino Parks and Wildlife Nature Center North Avenue Diliman Quezon City 1156 . Box 1614 QC CPO Philippines Tels. 925-8407 Fax Email publications@ Technical Assistance Service Contract SECA France in association with EDG UK GTZ Germany and CPRD-DLO Netherlands Printed by Wordshop Specialists Network Inc. No. of Copies 5 000 Disclaimer Views or opinions expressed herein do not necessarily represent any official view of the European Union the Association of Southeast Asian Nations ASEAN Secretariat or the Department of Environment and Natural Resources. The authors are responsible for any data or information presented in their articles. Letters articles suggestions and photos are welcome and should be addressed to The Managing Editor ASEAN Biodiversity ARCBC Annex Ninoy Aquino Parks and Wildlife Nature Center North Avenue Diliman Quezon City 1156 . Box 1614 QC CPO Philippines Fax E-mail publications@ Readers Corn Dear Co-Directors Let me thank you for the very informative and diverse ASEAN .

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