Dieter Helm, Professor of Energy Policy and Fellow in Economics at New College and Cameron Hepburn, Director of the Economics of Sustainability Programme at INET Oxford and Professor of Environmental Economics at the Smith School recently co-edited Nature in the Balance: the Economics of Biodiversity (Oxford University Press).

The book sets out the building blocks of an economic approach to biodiversity, and in particular brings together conceptual and empirical work on valuation, international agreements, the policy instruments, and the institutions. The objective is to provide a comprehensive overview of the issues and evidence, and to suggest how this very urgent problem should be addressed. Whilst there has been an enormous growth and research focus on climate change, less attention has been paid to biodiversity. This collection of high-quality chapters addresses the economic issues involved in biodiversity protection.

The book focuses on the economics, but incorporates the science and philosophy, combining the application of a number of theoretical ideas with a series of policy cases. The authors are drawn from leading scholars in their specific areas of economics, philosophy, and conservation biology.

Contributing authors include:

  • Paul R. Armsworth, University of Tennessee, Knoxville
  • Giles Atkinson, London School of Economics and Political Science
  • Edward B. Barbier, University of Wyoming
  • Ian J. Bateman, University of East Anglia
  • Joanne C. Burgess, University of Wyoming
  • Salvatore Di Falco, University of Geneva
  • Paul J. Ferraro, Georgia State University
  • Ben Groom, London School of Economics and Political Science
  • Kirk Hamilton, The World Bank
  • Nick Hanley, University of Stirling
  • Dieter Helm, University of Oxford
  • Cameron Hepburn, University of Oxford
  • Kris Johnson, The Nature Conservancy
  • Chris J. Kennedy, George Mason University
  • Georgina M. Mace, University College London
  • Charles F. Mason, University of Wyoming
  • Dustin Miller, United Nations Environment Programme
  • Daniela A. Miteva, Duke University
  • Susana Mourato, London School of Economics and Political Science
  • Charles Palmer, London School of Economics and Political Science
  • Subhrendu K. Pattanayak, Duke University
  • Grischa Perino, University of Hamburg
  • Stephen Polasky, University of Minnesota
  • Pavan Sukhdev, Yale University
  • Timothy Swanson, Graduate Institute of International Studies, Geneva
  • Kathy J. Willis, University of Oxford

For more information or to order the book see natureinthebalance.org.