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Ecosystem Service Concepts in Practice

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  • Brian C. Murray

Abstract

Economists have long embraced the idea that services provided by nature have inherent economic value. Ecologists, other scientists, and many in the environmental advocacy community have more recently come to focus on the connection between natural systems and economic value. The broadening interest in the economic value of nature over the last two decades led to the emergence of the interrelated and now commonly used terms ecosystem services and natural capital . To inform Canadian policy, this paper discusses some of the efforts that have been enacted elsewhere, with particular emphasis on those in the United States, and why some have been more successful than others.

Suggested Citation

  • Brian C. Murray, 2016. "Ecosystem Service Concepts in Practice," Canadian Public Policy, University of Toronto Press, vol. 42(s1), pages 24-31, November.
  • Handle: RePEc:cpp:issued:v:42:y:2016:i:s1:p:24-31
    DOI: 10.3138/cpp.2015-022
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    Cited by:

    1. Alain‐Désiré Nimubona & Jean‐Christophe Pereau, 2022. "Negotiating over payments for wetland ecosystem services," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(3), pages 1507-1538, August.
    2. Tanner, Michael K. & Moity, Nicolas & Costa, Matthew T. & Marin Jarrin, Jose R. & Aburto-Oropeza, Octavio & Salinas-de-León, Pelayo, 2019. "Mangroves in the Galapagos: Ecosystem services and their valuation," Ecological Economics, Elsevier, vol. 160(C), pages 12-24.
    3. Pogue, Sarah J. & Kröbel, Roland & Janzen, H. Henry & Alemu, Aklilu W. & Beauchemin, Karen A. & Little, Shannan & Iravani, Majid & de Souza, Danielle Maia & McAllister, Tim A., 2020. "A social-ecological systems approach for the assessment of ecosystem services from beef production in the Canadian prairie," Ecosystem Services, Elsevier, vol. 45(C).

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