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Economic value of insect pollination worldwide estimated at 153 billion euros
Date:9/15/2008

r a value of -0.8, the consumer would buy 0.8% less of the product when its price increases by 1%). Under these hypotheses, the loss of consumer surplus would be between 190 and 310 billion in 2005.

These results highlight that the complete loss of insect pollinators, particularly that of honey bees and wild bees which are the main crop pollinators, would not lead to the catastrophic disappearing of world agrioculture, but would nevertheless result in substantial economic losses even though our figures consider only the crops which are directly used for human food. The adaptive strategies of economic actors such as re-allocation of land among crops and use of substitutes in the food industry would likely limit somewhat the consequences of pollinator loss. Yet we did not take into account the impact of pollination shortage onto seeds used for planting, which is very important for many vebetable crops as well as forage crops and thereby the whole cattle industry, non-food crops and, perhaps most importantly, the wild flowers and all the ecosystemic services that the natural flora provides to agriculture and to society as a whole.


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Contact: Tilo Arnhold
presse@ufz.de
49-341-235-1635
Helmholtz Association of German Research Centres
Source:Eurekalert  

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Economic value of insect pollination worldwide estimated at 153 billion euros
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