Over the years, I have not lost my enthusiasm for ecological economics and the conservation of nature. Therefore, I was delighted when Edward Elgar told me that he would be interested in publishing a second edition of Economics of Environmental Conservation and suggested a practical method for producing the new manuscript. The first edition of the Economics of Environmental Conservation was published in 1991 by Elsevier Science Publishers. Even though fundamental environmental issues have not changed since then, there have been many developments in ecological economics and in policies affecting biological conservation and environmental management