Payment for Ecosystem Services: Conservation Incentive
What are Ecosystem Services? The concept of ecosystem services was developed in order to express the value that nature has to people and the benefits we derive from it. Types of Ecosystem Services There are three types of ecosystem services: direct services, indirect services, and cultural/aesthetic services. Direct services are the resources that we directly benefit from extracting from nature. Drinking water, timber, natural gas and oils, plants such as cotton, and numerous other plants for medicinal benefits. We depend on these resources so heavily that it is unfathomable to think that...