Valuation of ecosystem services

Agreeing a level of payments for ecosystem services is essential for any PES scheme. A wide range of different methods are available for this, and there will always be differences of opinion between the ‘buyer’ and ‘seller’ of an environmental service as to which is the most appropriate. The monetary value of ecosystems depends on the potential payers as well as several other factors, including the long-term sustainability of the service.

Related Subject(s): Environment and Climate Change