The Value of Biodiversity Essay Example | Topics and Well Written Essays - 500 words

The Value of Biodiversity - Essay Example However, this aspect is projected to slow down in future (Primack, 2012). Biodiversity values are generally classified into two different categories thus the direct and the indirect values. The direct values in this case include food resources such as vegetables, grains and fruits that are obtained from plantations (Primack, 2012). It also includes animal resources such as milk and milk products, eggs and fish. The direct values are further divided into the productive and consumptive values. On the other hand, the indirect values are the values, which tend to provide benefits, which are indirect to human beings. In most cases, they support the biological life existence. They include the ethical values, cultural values, environmental service values, aesthetic values and option values (Primack, 2012). As part of the indirect biodiversity values, the existence value entails the benefit, which is often reflected as a well-being sense whereby one simply knows and acknowledges that marine biodiversity exists. Hageman (1985), states that it does not matter if the marine biodiversity that exists is never experienced or utilized, people tend to benefit from its existence in a certain way. In simple terms, existence values are generally unusual and slightly controversial economic value class that reflects on the benefits in which people receive from the knowledge of an environmental resource (Primack, 2012). Some of the common examples of the existence values include Grand Canyon, Antarctica, endangered species and some of marine existence. In biodiversity values, the existence value remains the most prominent example of the non-use value. This is because the value does not need that utility be derived from direct resource use. The existence value is the utility, which comes from simple knowledge about the existence of a certain resource (Primack, 2012). The existence value remains a