Ecosystem services such as clean water from forests are free, but now their value is being recognized. Entrepreneurs are developing markets for these services and providing incentives for conservation.
Markets for ecosystem services such as water filtration, erosion control, and pollination benefit the providers and enhance environmental assets.
Lea-Rachel Kosnik, Roger Meiners
"Restoring Harmony in the Klamath Basin" explains how this conflict developed and offers a solution—markets in water. Written by Roger Meiners and Lea-Rachel Kosnik, this paper persuasively argues that clarification of property rights to water is fundamental to ending the crisis.
Andrew Morriss, Bruce Yandle, Lea-Rachel Kosnik
This paper discusses a new form of regulation. Rather than issuing rules, some government agencies, including the Environmental Protection Agency, have started to file lawsuits.