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These studies suggest that ecosystem services and valuation involve diverse methods including ecological identity, multiple criteria analysis, transdisciplinary approaches, and standardized frameworks to measure benefits like biodiversity, refugia, and waste treatment, while addressing limitations of traditional economic methods.
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Ecosystem services are the benefits that humans derive from natural ecosystems, including provisioning, regulating, cultural, and supporting services. Valuing these services is crucial for sustainable management and policy-making, as it helps to quantify the contributions of ecosystems to human well-being and economic activities.
Economic Valuation Techniques:
Interdisciplinary Approaches:
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Global and Regional Studies:
Policy and Management Implications:
Valuing ecosystem services is a complex but essential task for sustainable development and environmental management. While traditional economic valuation methods have limitations, interdisciplinary approaches and new techniques like surrogate markets and Delphi panels offer promising alternatives. Global and regional studies underscore the importance of considering spatial and temporal scales in valuation efforts. Ultimately, accurate valuation of ecosystem services can inform better policy-making and management practices, ensuring the conservation of natural capital for future generations.
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