Type of Document:
International Institute for Sustainable Development (IISD)
Date of Publication:
Place of Publication:
Winnipeg, Manitoba, Canada
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.
Table of Contents:
1. Introduction 2. Valuation of Ecosystem Services 2.1 Challenges to Economic Valuation 3. Current Status of Market for Ecosystem Services: Evidence from Around the World 3.1 Payments for Biodiversity 3.2 International Experiences and Lessons in Compensating for Ecological Benefits 4. Key Findings and Lessons Learned 4.1 Ingredients for Successful and Effective Market for Ecosystem Services 4.2 Lessons Learned References