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Bequest benefits are derived from the continued existence of elements of the environment because they may one day provide benefits for those yet to be born.

An example of these types of benefits is that derived from maintaining a rain forest to protect future sources of genetic material for drugs or hybrid agricultural crops.

Source Publication:
United Nations, European Commission, International Monetary Fund, Organisation for Economic Co-operation and Development, World Bank , 2005, Handbook of National Accounting: Integrated Environmental and Economic Accounting 2003, Studies in Methods, Series F, No.61, Rev.1, Glossary, United Nations, New York, para. 7.37.

Statistical Theme: Environmental statistics

Created on Monday, July 4, 2005

Last updated on Wednesday, November 30, 2005