Lecture 15: PES Flashcards
total cost of down listing bird species in low and lower-middle income countries
$379-614 million annually
TOO MUCH
PES
payments for ecosystem services
whats an ecosystem service?
the provision of a natural resource or process that is valued by humankind
millenium ecosystem assessment defined four broad categories
- supporting
- provisioning
- regulating
- cultural
supporting services
necessary for production of all other ecosystem services
(soil formation, photosynthesis, nutrient recycling, seed dispersal and pollination
provisional services
products = timber, food water fibre
regulating services
benefits obtained from the regulation of ecosystem processes
–climate, flood,disease,water purification
cultural services
- non-material benefits
- aesthetic,, recreational, mental wellbeing
ecosystem services can be valued in ____
monetary terms
three stages of valuation for ecosystem services
1) economic framing (ecosystems = capital, functions = services)
2) monetisation (given exchange values)
3) commodification (pricing systems)
ecosystem services price
US$16-54 trillion per year
dangers of commodification
- anthropocentric perspective that prises instrumental values to humans
- should we draw line in what should and shouldn’t be commodified
theres a global ___ in energy use i
imbalance
global ___ in deforestation
imabalnce
REDD+
Reducing emissions from deforestation and forest degradation
- the + was added to
- biodiveristy conservation
- sustainability forests
- enhancements of forest carbon stock