Market for Ecosystem Services

TR Number

Date

2005

Journal Title

Journal ISSN

Volume Title

Publisher

Winnipeg, Manitoba, Canada: International Institute for Sustainable Development (IISD)

Abstract

Ecosystems and biodiversity provide a wide range of services critical for sustaining, strengthening and enriching human well-being. Understanding how valuable these services are is critical as it can serve to inform the choices in how ecosystems are managed. This paper explores the valuation of ecosystem services, the current status of the market for these services and presents key findings and lessons learned.

Description

Metadata only record

Keywords

Payments for environmental services, Markets, Biodiversity, PES, Markets for Ecosystem Services (MES), Economic valuation, Willingness to pay, Willingness to accept (wta), Compensation, Human welfare

Citation