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The Global Value of Freshwater Lakes
Open accessPreprint — published as 10.1111/ele.14388 · Paper page
Abstract
Lakes face threats from human activities like unsustainable development, population growth, and industrial technologies. These challenges impact the ecosystem services of lakes. Research has assessed the value of services from freshwater biomes annually. This article reviews these values, estimating lakes’ global ecosystem services to be within the region of USD 1.5 to 5.5 trillion annually. Their natural asset value is estimated at USD 100 - 337 trillion, comparable to value of global real estate, assuming a relatively high social discount rate to account for future increased standard of livings. Considering environmental degradation, future generations may experience a lower living standard. Using a 0.1% discount rate, recognizing potential harm and aligning with indigenous values, raises the lakes’ value to USD 1,500 - 5,500 trillion which is at least equal to the global value of wealth created. This valuation is shared by all, unlike the skewed distribution of created wealth.
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Citations
Cites
Scientists’ warning to humanity on the freshwater biodiversity crisis
Albert, J. S., Destouni, G., Duke-Sylvester, S. M., Magurran, A. E., Oberdorff, T., Reis, R. E., Winemiller, K. O., & Ripple, W. J. (2021) · Ambio · doi:10.1007/s13280-020-01318-8 · Cited by 943
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Metadata
- Authors
- Li, X., & Tsigaris, P.
- Affiliations
- Thompson Rivers University (CA)
- Corresponding author
- Tsigaris, Panagiotis
- Venue
- Ecology Letters
- Publisher
- Wiley
- Published
- 2023-10-19
- Volume
- 27
- Issue
- 2
- Pages
- e14388-e14388
- ISSN
- 1461-023X (ISSN-L)
- OpenAlex
- W4392128246
- Cited by
- 20
- References
- 1
- Citations by year
- 2026: 13 · 2025: 7
- FWCI
- 0.92
- Type
- journal article
- Language
- en
- Open access
- hybrid
- doi.org
- Licence
- cc-by-nc-nd
- Locations
- Ecology Letters (publishedVersion, cc-by-nc-nd)
- PubMed (publishedVersion)
- Topics
- Physical Sciences › Environmental Science › Global and Planetary Change › Land Use and Ecosystem Services
- Physical Sciences › Environmental Science › Management, Monitoring, Policy and Law › Sustainable Development and Environmental Policy
- Physical Sciences › Environmental Science › Ecology › Aquatic Ecosystems and Biodiversity
- Keywords
- freshwater lakes, ecosystem services, economic valuation, natural capital, social discount rate, environmental degradation, indigenous values, wealth distribution
- MeSH terms
- Conservation of Natural Resources, Humans, Ecosystem, Lakes
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