Ecosystem Service Valuation

Ecosystem Service Valuation is the process of assigning economic value to the benefits that nature provides to humans, such as clean air, water, food, and recreational spaces. By understanding these services—like pollination by bees, carbon storage by forests, and flood protection by wetlands—we can make informed decisions about conservation and land use. This valuation helps highlight the importance of preserving natural resources, demonstrating their worth not just in monetary terms but also for our well-being and quality of life. Ultimately, it aims to balance economic development with environmental sustainability.