Payments for Ecosystem Services: Realising Nature's Value
This publication highlights the concept and selected market segments relating to payments for ecosystem services. It emphasises the role natural capital can play in both environmental conservation and in poverty alleviation, and highlights the potential benefits of ecosystem-based economic development in an accessible, non-technical manner.
Arendal, August 10, 2012: GRID-Arendal hopes this publication will be helpful for policy advisors and civil society representatives (non-government, community-based organisations and local businesses) working with community-based projects providing training in relation to ecosystem services.
In this publication Arendal looks at 23 ecosystem services as described by the World Resources Institute (2011) and the United Nations Millennium Ecosystem Assessment (MA, 2005). Five specific market segments relating to Payment for Ecosystem Services (PES) – carbon sequestration, watershed management, biodiversity, landscape beauty, and bundled services – are illustrated, drawing on case studies, graphics and photographs. An additional section explores the role PES could play in alleviating poverty.
Read the original article by GRID Arendal & UNEP and download the publication here