The Framework of Ecosystem Services for Economic Valuation Purposes: A Review

Nguyen Minh Duc 1

1Faculty of Economics and Rural Development, Vietnam National University of Agriculture, Hanoi 131000, Vietnam
Received: Dec 25, 2018 /
Revised: Dec 24, 2019 /
Published: Dec 24, 2019

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Abstract

Although humans need ecosystems and ecosystem services for their survival and well-being, most of the global ecosystems and the services that they provide have declined and/or degraded rapidly over the past few decades. In order to find the ways to sustainably use natural resources, substantial efforts have been made to measure and value the ecosystem services. The term ‘ecosystem service’ was interpreted in different ways in the literature. For making correct decisions in natural resource management, a consistent way of defining and classifying ecosystem services is needed for valuation purposes. This paper argued for the need to divide ecosystem services into intermediate and final services.

Keywords: Ecosystem service, ecosystem function, ecosystem benefit, ecosystem value

Article Details

How to Cite
Duc, N. (2019). The Framework of Ecosystem Services for Economic Valuation Purposes: A Review. Vietnam Journal of Agricultural Sciences, 2(3), 434-449. https://doi.org/10.31817/10.31817/vjas.2019.2.3.04

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