The Creation Of Markets For Ecosystem Services In The United States

The Creation of Markets for Ecosystem Services in the United States is a detailed analysis of the most advanced efforts to create markets for ecosystem services in the United States. With the help of in-depth case studies of three well-known attempts to create such markets––in the Chesapeake Bay watershed, the Ohio River basin and the Willamette River basin––the book explains why very few of these markets have actually succeeded even after close to two decades of much scholarly enthusiasm, significant federal funding and concerted efforts by NGOs, government agencies and private businesses. Based on interviews, policy analysis and participatory observation, three features of markets for ecosystem services emerge as particularly problematic. First, the logic of displacement or the idea that particular elements of an ecosystem can be separated and traded across landscapes or watersheds runs counter to political interests, environmental beliefs and people's connections to specific places. The second problem is that of measurement. Quantification methods embed a range of often contentious assumptions and decisions about what counts when restoring ecosystems. The third problem is related to participation in environmental decision-making.

Ecosystem services are the functions performed by ecosystems that lead to desirable environmental outcomes, such as air and water purification, drought and flood mitigation, and climate stabilisation. Markets rarely exist for them. This study examines how newly defined property rights have been used to create markets in Australia and the United States. The Commission found that creating these markets - such as tradeable credits for carbon sequestration - can be an effective way for governments to achieve their environmental goals.

The Law and Policy of Ecosystem Services is the first comprehensive exploration of the status and future of natural capital and ecosystem services in American law and policy. The book develops a framework for thinking about ecosystem services across their ecologic, geographic, economic, social, and legal dimensions and evaluates the prospects of crafting a legal infrastructure that can help build an ecosystem service economy that is as robust as existing economies for manufactured goods, natural resource commodities, and human-provided services. The book examines the geographic, ecological, and economic context of ecosystem services and provides a baseline of the current status of ecosystem services in law and society. It identifies shortcomings of current law and policy and the critical areas for improvement and forges an approach for the design of new law and policy for ecosystem services. Included are a series of nine empirical case studies that explore the problems caused by society’s failure to properly value natural capital. Among the case study topics considered are water issues, The Conservation Reserve Program, the National Conservation Buffer Initiative, the agricultural policy of the European Union, wetland mitigation, and pollution trading. The Law and Policy of Ecosystem Services is a groundbreaking look at the question of whether and how law and policy can shape a sustainable system of ecosystem service management. It is an accessible and informative work for faculty, students, and policy makers concerned with ecology, economics, geography, political science, environmental studies, law, and related fields.

Founded on the core notion that we have reached a turning point in the governance, and thus the conservation, of ecosystems and the environment, this edited volume features more than 20 original chapters, each informed by the paradigm shift in the sector over the last decade. Where once the emphasis was on strategies for conservation, enacted through instruments of control such as planning and ‘polluter pays’ legislation, more recent developments have shown a shift towards incentive-based arrangements aimed at those responsible for providing the environmental services enabled by such ecosystems. Encouraging shared responsibility for watershed management, developed in Costa Rica, is a prime example, and the various interests involved in its instauration in Java are one of the subjects examined here.

One of the aims of the CoLUPSIA project is to explore options for establishing payments for ecosystem services (PES) within the two districts where the project is working: Seram and Kapuas Hulu. These guidelines were prepared to support the CoLUPSIA team in completing this assessment and have since been revised to incorporate some findings from the field assessments.

Practical ideas provided by a case study of the Panama Canal Watershed Exciting opportunities await the use of market mechanisms for protecting forest ecosystems. However, questions remain on how to best apply these mechanisms. Emerging Markets for Ecosystem Services: A Case Study of the Panama Canal Watershed provides an integrated, interdisciplinary methodological approach for evaluating market opportunities for watershed services, carbon sequestration, and biodiversity protection. Using the Panama Canal Watershed as a case study example, this probing resource addresses the main questions often asked about the various practical aspects of the emerging markets for ecosystem services, including quantifying value, payment structure, and equitable distribution of benefits. Environmental issues are often at odds with economic and business concerns. Emerging Markets for Ecosystem Services examines practical strategies to integrate diverse aspects into coherent strategies that benefit all. A scientific overview of the science and current knowledge provides a solid foundation to build policy and positive direction using the Panama Canal Watershed as an example. This unique resource sheds useful light on the challenges and provides insightful recommendations for areas struggling with ecosystem issues and the application of market mechanisms. This text is extensively referenced and includes several tables to clearly illustrate data. Topics in Emerging Markets for Ecosystem Services include: an overview of carbon sequestration in natural forests, exotic plantations, native plantations, and agroforestry systems policy tools to help reduce barriers to selling carbon credits alternatives for increasing demand for land-use-based carbon sequestration actions to encourage land managers to protect water quantity and quality receiving full value of watershed protection approaches to bioprospecti

Ecosystem Management and Sustainability analyzes myriad human-initiated processes and tools developed to foster sustainable natural resource use, preservation, and restoration. It also examines how humans interact with plant, marine, and animal life in both natural and human-altered environments. Experts explain the complex ecosystem relationships that result from invasive species, roads, fencing, and even our homes by addressing topics such as fire and groundwater management, disturbance, and ecosystem resilience. Because most people in the 21st century live in urban environments, the volume pays special attention to the ecology of cities, with detailed coverage on topics ranging from urban agriculture to landscape architecture. The volume focuses on how ecosystems across the world can be restored, maintained, and used productively and sustainably.

Natural environments provide enormously valuable, but largely unappreciated, services that aid humans and other earthlings. It is becoming clear that these life-support systems are faltering and failing worldwide due to human actions that disrupt nature's ability to do its beneficial work. Ecosystem Services: Charting a Path to Sustainability documents the National Academies' Keck Futures Initiative Conference on Ecosystem Services. At this conference, participants were divided into 14 interdisciplinary research teams to explore diverse challenges at the interface of science, engineering, and medicine. The teams needed to address the challenge of communicating and working together from a diversity of expertise and perspectives as they attempted to solve a complicated, interdisciplinary problem in a relatively short time. Ecosystem Services: Charting a Path to Sustainability describes how ecosystem services scientists work to document the direct and indirect links between humanity's well-being and the many benefits provided by the natural systems we occupy. This report explains the specific topics the interdisciplinary research teams addressed at the conference, including the following: -how ecosystem services affect infectious and chronic diseases -how to identify what resources can be produced renewably or recovered by developing intense technologies that can be applied on a massive scale -how to develop social and technical capabilities to respond to abrupt changes in ecosystem services -how to design agricultural and aquacultural systems that provide food security while maintaining the full set of ecosystem services needed from landscapes and seascapes -how to design production systems for ecosystem services that improve human outcomes related to food and nutrition -how to develop appropriate methods to accurately value natural capital and ecosystem services -how to design a federal policy to maintain or improve natural capital and ecosystem services within the United States, including measuring and documenting the effectiveness of the policy -how to design a system for international trade that accounts for impacts on ecosystem services -how to develop a program that increases the American public's appreciation of the basic principles of ecosystem services