Skip to 0 minutes and 7 secondsPeople can have very different priorities on how they value natural resources, and these differences can create conflict and disagreement. Someone may place a high value on buying technology and save their wages to buy the latest gadgets. Or someone else might prefer to spend their hard-earned money on landscaping their garden. The measurement of value is often thought to be the same-- money that's been earned through work. But not all values can be measured by money. And even those that can might represent different ways of seeing and relating to the world.
Skip to 0 minutes and 44 secondsI'm Professor Jon Lovett, Chair in Global Challenges at the University of Leeds. My role here is to guide you through this course. We start by exploring three basic principles-- the nature of values and the value of nature, Coasian bargaining, and the precautionary principle. These principles will then be applied to case studies, including field trials of genetically modified organisms, and the use of asbestos and the damage that this has had on people's health. We close the course with a discussion about ecosystem services. I'm joined by two colleagues from the University of Leeds who will share their experiences of working around the world and their perspectives on valuing ecosystem services. So, how would you describe your values when considering ecosystem services?
Skip to 1 minute and 33 seconds I look forward to hearing your thoughts and joining your discussions on the course.