Description

This study explains the types of ecosystem markets already in place and their characteristics, before identifying three important strategic issues to be considered in policy-making: the recognition of property rights and development of national legal frameworks, the design of market schemes to provide equal access to low income stakeholders, and the need to reduce transaction costs and financial risks. Finally, the study defines knowledge gaps related to market instruments, legal and regulatory frameworks, practical data on costs, and capacity building.

Contents:

Foreword Acronyms Executive Summary Resume analytique Resumen analitico 1. Introduction 2. Reasons for interest in ecosystem service 3. Status of main ecosystem service markets 4. Benefits and risks to forest owners and 5. Strategic issues for tropical countries 6. Key findings References Annex 1: ITTO terms of reference for environmental services study Annex 2: Tropical cities that manage forests for water Annex 3: Additional resources

Also available in French and Spanish