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Ecosystem Valuation Framework

Ecosystem Valuation Framework is a method used to estimate the economic value of nature’s benefits—like clean water, air, pollination, and recreation—that ecosystems provide. It helps quantify these contributions in monetary terms, making it easier for decision-makers to understand their importance and make sustainable choices. This framework considers different methods to measure value, including market prices, environmental impact assessments, and people's willingness to pay. Overall, it aims to promote the conservation and responsible use of ecosystems by highlighting their critical role in supporting human life and economic activity.