Topic 2.2: Values of Forest Ecosystem Services

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Content

Topic Introduction

Forest ecosystem services provide for the well-being of local communities. To ensure that there is a healthy exchange between the people and the ecosystem, there is a need to identify and analyze the different types of values that could be associated to the latter. Doing so enables policymakers to create market-based mechanisms to support the provisions of these ecosystem services.

By the end of this topic, you should be able to:

  • Enumerate and explain the three sets of values that could be attached to ecosystem services;
  • Differentiate the economic and non-economic valuation of ecosystem services; and
  • Explain the relevance of valuing ecosystem services.

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