Biodiversity Values: Biodiversity Value May Be Classified As Follows: 1. Consumptive Use Value
Biodiversity Values: Biodiversity Value May Be Classified As Follows: 1. Consumptive Use Value
Some of the classifications of biodiversity value are: 1. Consumptive use Value 2. Productive use
Values 3. Social Value 4. Ethical Value 5. Aesthetic Value 6. Option Values 7. Ecosystem Service
Value.
The value of biodiversity in terms of its commercial utility, ecological services, social and aesthetic
value is enormous. We get benefits from other organisms in innumerable ways. Sometimes we
realize and appreciate the value of the organism only after it is lost from this earth.
3. Social Value:
These are the values associated with the social life, customs, religion and psycho-spiritual aspects of
the people. Many of the plants are considered holy and sacred in our country like Tulsi (holy basil),
Peepal, Mango, Lotus, Bael etc. The leaves, fruits or flowers of these plants are used in worship.
Thus social life, songs, dances and customs are closely woven around the wildlife. Many animals like
cow, snake, bull, peacock, owl etc. also have significant place in our psycho-spiritual arena and thus
hold special importance. Thus, biodiversity has distinct social value, attached with different societies.
4. Ethical Value:
It is also sometimes known as existence value. It involves ethical issues like “all life must be
preserved”. It is based on the concept of “Live and Let Live”. If we want our human race to survive,
then we must protect all biodiversity, because biodiversity is valuable.
The ethical value means that we may or may not use a species, but knowing the very fact that this
species exists in nature gives us pleasure. We all feel sorry when we learn that “passenger pigeon’ or
“dodo” is no more on this earth. We are not deriving anything direct from kangaroo, zebra or giraffe,
but we all strongly feel that these species should exist in nature. This means, there is an ethical value
or existence value attached to each species.
5. Aesthetic Value:
Great aesthetic value is attached to biodiversity. No one of us would like to visit vast stretches of
barren lands with no signs of visible life. People from far and wide spend a lot of time and money to
visit wilderness area where they can enjoy the aesthetic value of biodiversity and this type of tourism
is now known as eco-tourism.
The “willingness to pay” concept of such eco- tourism gives us even a monetary benefit for aesthetic
value of biodiversity. Eco-tourism is estimated to generate 12 billion dollars of revenue annually that
roughly gives the aesthetic value of biodiversity.
6. Option Values:
These values include the potentials of biodiversity that are presently unknown and need to be
explored. There is a possibility that we may have some potential cure of AIDS or cancer existing
within the depths of marine ecosystem, or a tropical rainforests.
Thus option value is the value of knowing that there are biological resources existing on this
biosphere that may one day prove to be an effective option for something important in the future.
Thus, the option value of biodiversity suggests that any species may prove to be a miracle species
some day.
The biodiversity is like precious gifts of nature presented to us. We should not commit the folly of
losing these gifts even before unwrapping them. The option value also includes the values, in term of
the option to visit areas where a variety of flora and fauna, or specifically some endemic, rare or
endangered species exist.