Using markets to protect and restore ecosystems – and the many services they provide – is gradually becoming a reality. Market-based systems have already protected hundreds of thousands of acres of land while still meeting human economic and development needs. They can help ensure that environmental benefits, from wildlife habitat to water purification, will be preserved for future generations.
But what are the critical elements for success? What progress has been made? What are the innovative ideas that will push these markets forward? The World Resources Institute and the American Forest Foundation recently convened some of the world’s leading experts on ecosystem markets in Madison, Wisconsin to address these questions.