Paying for ecosystem services

Paying for ecosystem services
Communities help pay for ecosystem services provided by forests. Neil LaRubbio, High Country News, February 20, 2012. In hopes of avoiding future expensive wildfires, in 2011, Denver Water and the Forest Service signed a cost-sharing agreement for watershed restoration. The average residential water user will pay an extra $27 over the course of five years–an example of an emerging financial tool, “ecosystem services,” in which a market value is applied to environmental functions that users usually exploit without payment.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s