The Lancaster Environment Centre recently organized an on-line debate on ecosystem valuation. You can check out a summary of the debate on this page. Participants plan to produce a policy guidance document for future UK policy concerning market based instruments for biodiversity conservation and ecosystem services.
The same debate on ecosystem valuation will take place tomorrow in Paris (France), under the auspices of the IDDRI, a think-tank. In preparation to the symposium, Emma Broughton and Romain Pirard wrote a short piece on market-based instruments for biodiversity (pdf).
Their article proposes a typology of instruments which distinguishes:
The authors discuss the pros and cons of each one of these instruments.
Tags: Biodiversity, biodiversity offsets, Economics, Ecosystem services, Habitat banking, Market-based instruments, Payment for ecosystem services, Valuation