What is the core idea behind ecosystem service valuation?
The core idea is to recognize and quantify the immense value that natural ecosystems provide to human well-being, benefits that are often overlooked in traditional economic accounting. These services include things like clean air and water, climate regulation, pollination, and nutrient cycling. By assigning economic value, even if it's a difficult and complex process, we can make more informed decisions about environmental protection and resource management, ensuring these vital functions are not degraded.
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