Ecosystem services can be broadly defined as the aspects of
ecosystems that provide benefits to people. This book provides
guidance on the valuation of ecosystem services, using the case of
multifunctional wetlands to illustrate and make recommendations
regarding the methods and techniques that can be applied to
appraise management options. It provides a review of ecosystem
service valuation rationale, including its importance from both a
policy and project appraisal perspective, and a useful reference
when considering policy and appraisal of ecosystem management
options. It shows how legal obligations and other high-level
management targets should be taken into account in valuation
exercises, thus giving important policy context to the management
options.
The authors set out what they call an Ecosystem Services
Approach to the full appraisal of the role of ecosystem services in
the economy and society. Although concentrating on wetlands, the
approaches suggested provide an assessment framework that can be
applied to other types of ecosystem assets.
General
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