This book highlights the latest advances in the science and
practice of using ecosystem services to inform decisions for
economic development in the context of the developing countries.
The development of the ecosystem services paradigm has enhanced our
understanding of natural capital as an indispensable form of
capital asset along with produced and human capital. This book
addresses what could be the possible pathways to mainstream natural
capital assets into development policies and what is currently
known about the economic values of ecosystem services. A series of
innovative tools to help policy makers and planners account for
natural capital and ecosystem services in sectoral and
macroeconomic policies have been explored and their application at
the national and regional scale has been demonstrated. Several
detailed case studies are presented in which the understanding of
ecosystem services values has successfully informed decisions,
including examples from Chile, South Africa, Tanzania, Trinidad and
Tobago, Vietnam and the Aral Sea in Central Asia. These provide the
critically important insights, lessons learned and means and
mechanisms for policy makers to incentivize protection and
discourage degradation of ecosystems and the services they provide.
Mainstreaming Natural Capital and Ecosystem Services into
Development Policy is designed to help decision makers at all
levels, including governments, businesses, multilevel development
banks and individuals to integrate ecosystems and their services
into their decision making.
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