This volume reports key findings of the Biodiversity Program of the Royal Swedish Academy of Sciences' Beijer Institute. The program brought together a number of eminent ecologists and economists to consider the nature and significance of the biodiversity problem. In encouraging collaborative work between these closely related disciplines it sought to shed new light on the concept of diversity; the implications of biological diversity for the functioning of ecosystems; the driving forces behind biodiversity loss; and the options for promoting biodiversity conservation. The results of the program are surprising. It is shown that the core of the biodiversity problem is a loss of ecosystem resilience and the insurance it provides against the uncertain environmental effects of economic and population growth. This is as much a local as a global problem, implying that biodiversity conservation offers benefits that are as much local as global. The solutions as well as the causes of biodiversity loss lie in incentives to local users.

"[The chapters] are solid contributions to the literature. They illuminate many of the core questions of biodiversity and its conservation. They have much to say to conservation biologists, resource economists, environmental strategists, and those concerned with the role of biodiversity in national land-use planning....would make excellent assignments for graduate classes." Norman Myers, BioScience

"This book may be the most significant contribution to the interdisciplinary literature on biodiversity....Well-coordinated group discussions and sharing of draft research papers, joint research projects and chapter co-authorship by ecologists and economists, and strong and thoughtful editing have resulted in a coherent volume of original and strong contributions." Richard B. Norgaard, Journal of Wildlife Management

"[The chapters] are solid contributions to the literature. They illuminate many of the core questions of biodiversity and its conservation. They have much to say to conservation biologists, resource economists, environmental strategists, and those concerned with the role of biodiversity in national land-use planning....would make excellent assignments for graduate classes." Norman Myers, BioScience

"This book may be the most significant contribution to the interdisciplinary literature on biodiversity....Well-coordinated group discussions and sharing of draft research papers, joint research projects and chapter co-authorship by ecologists and economists, and strong and thoughtful editing have resulted in a coherent volume of original and strong contributions." Richard B. Norgaard, Journal of Wildlife Management