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.
Morro Bay is a picturesque coastal community in central California. The town’s most prominent physical feature is Morro Rock, the remnant of an ancient volcano, which stands at the entrance to the bay that gives the town its name.
Marine life can become an asset to be nourished over time, not consumed in a wasteful race. Deacon draws on a large literature on the subject, but focuses on a novel management experiment in Alaska and one developing off along the California coast.
Robert Deacon, Dominic Parker
By Robert T. Deacon and Dominc P. ParkerAbstract