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The value of the world's ecosystem services and natural capital.
The modern concept of ecosystem services can be found in the late 19th century.
The external service system of the global economy is considered to be ecosystem services.
This is an example of a Payment for ecosystem services program.
There are questions regarding the environmental and economic values of ecosystem services.
Many of the earths ecosystem services are public goods without a market and therefore no price or value.
It focuses on how to assess the economic value of ecosystem services.
Also, it aims to reflect the social and economic values of ecosystem services.
Note that there are various working definitions of ecosystems services in the literature.
Increasing biodiversity also benefits the variety of ecosystem services available to society.
Collecting the information needed to build the business case and conduct an ecosystem services review is an important part of the process.
The project is also working to create indicators for the assessment and identification of ecosystem services.
Unless otherwise cited, Ecosystem services is based on the following series of references.
Another approach that has become increasingly popular over the last decade is the marketing of ecosystem services protection.
As the relationship between ecosystem services and business is a relatively new concept, some data gaps still exist.
Ecosystem services are one example of this type of resource.
Wetlands provide an astonishing array of ecosystem services for the local community.
And to the extent ecosystem services are noticed at all, people have tended to regard them as free.
Some experts advocate applying traditional economic arrangements to ecosystem services.
This way the manager can take adaptive corrective action quickly, before the ecosystem services are lost.
This would involve using good agricultural practices to enhance other ecosystem services.
"Ecosystem services are the suite of benefits that ecosystems provide to humanity."
The concept of ecosystem services is similar to that of natural capital.
Biodiversity banking provides a means to place a monetary value on ecosystem services.
Increasingly, biodiversity planners are looking through the lens of ecosystem services.