A large number of people in this world don’t know that they have a very huge amount of servants working for them on the planet Earth and beyond this planet at no cost while giving them infinite benefits. Those workers are present everywhere, we know some of them and we don’t know many of them.
Economic value of some bodily functions:
You can’t see your stomach but there are many bacteria working for you without any cost. They are serving you in give and take relationship i.e. you give them food and they protect you from many harmful incidents.
Your white blood cells (WBCs) never asked for a salary but they work as your army from invaders. In fact, they are saving a huge amount of your money. We can make a rough estimate of the value of such immunity responses by considering the treatment cost on HIV infection (AIDS) in which the virus destroys certain WBCs. It has been estimated that presently HIV treatment costs $2,000 to $5,000 with the lifetime cost of up to more than half-million dollars in U.S. It means, in rough estimations, immunity is doing more than $2,000 worth of work monthly. What if the cells, working for immunity, start demanding their monthly salary? Very huge population of the world will not be able to pay for their life.
Economic value of insects:
This was about the body. In the field of agriculture, recently researchers have estimated that annual global food crop pollination is worth over $200 billion.
Researchers found that insects provide more than $57 billion of services per year to the United States alone. Wildlife that gives more than $50 billion of services to recreation industry takes food from insects. Researchers estimated that the native insects helped for more than $45 billion in pest control, they do $3 billion of pollination services in crops and could prevent the losses of more than $380 million by cleaning up the grazing lands.
Economic value of some animals:
In another estimate by U.S. Geological Survey (USGS), it has been found that bats give $3.7 billion to $53 billion dollars of annual services in pest management to American agriculture only.
“We hope that our analysis gets people thinking more about the value of bats and why their conservation is important. The bottom line is that the natural pest-control services provided by bats save farmers a lot of money,” found Gary McCracken, a co-author of the analysis.
In the case of horses and other such animals, it has been said that in Guatemala if the equine is lost by a small producer’s family, the family would lose 45% and 60% of their productive assets. Based on these values, we can also approximate the estimations of services provided by such animals in other countries.
Economic value of some materials:
Researchers have estimated that the active volcano can emit <20 tonnes/day to >10 million tonnes/day of sulfur dioxide into the atmosphere depending on the type, volcanic activity and the volume of magma. Sulfur dioxide can help us in reducing the global warming by reducing the solar waves reaching the Earth. Although, it has some harmful effects such as acid rain and ozone destruction in combination with human-made chlorofluorocarbon (CFC) pollution. Acid rain is estimated.
This sulfur dioxide saves us billions of dollars. It has been now thought to be of minor problem that putting 1 Tg S in the stratosphere would cost more than $25 billion.
These are very few examples of the economic benefits of the nature. There are so many advantages that we can’t even count. Here, we must consider that nature is giving benefits to us and our own defects or faults are resulting in our own losses.
Crutzen, P. (2006). Albedo Enhancement by Stratospheric Sulfur Injections: A Contribution to Resolve a Policy Dilemma? Climatic Change, 77 (3-4), 211-220 DOI: estimated
Boyles, J., Cryan, P., McCracken, G., & Kunz, T. (2011). Economic Importance of Bats in Agriculture Science, 332 (6025), 41-42 DOI: 10.1007/s10584-006-9101-y