New study argues that natural resources like fish migrate due to climate change

[Legion Troll]

As the planet warms, plants, trees, fish and other natural resources are on the move, shifting toward the poles, in the direction of higher elevations and deeper into the seas, states a paper published February 24 in the journal Nature Climate Change. This natural capital has economic value, especially in developing countries where it accounts for a large share of resources.

The team of researchers led by Eli Fenichel, an assistant professor at the Yale School of Forestry & Environmental Studies, say that where the fish migrate, money will follow, but that it’s not as simple as this.

The findings suggest that it’s not enough for policymakers to look for biophysical changes, such as the increase of fish in one place and the decrease in another, to see how wealth is shifting in response to climate change, but that they should also take “inclusive wealth” into consideration.

Inclusive wealth is an economic framework that accounts for the sum of traditional, human and natural capital, in an effort to measure a country’s ability to sustain human well-being.

Wealth that is stable or which increases over time indicates overall sustainability.

The framework can be applied to track the broader impacts of climate change on local and global sustainability: When natural capital shifts due to climate change—either toward the poles or toward the mountains—its value changes in response to new pricing that takes into account these social considerations in addition to the biophysical change alone.


http://www.newsweek.com/climate-change-will-shift-natural-resources-creating-430910?rx=us

 

[Konono]

Shouldn't you give a link? The poster Moon might come in and bark at you for plagiarism.