The Matrix: Mapping Ecosystem Service Markets
Date Published: 2008
Author: Nathaniel Carroll & Michael Jenkins
Affiliated Organization: Forest Trends
Editors Pick: Yes
The once-radical concept of saving the environment by documenting the economic value of environmental services and then getting industry to pay is finally catching on – but how is one to keep track of all the new methodologies and concepts? The Ecosystem Marketplace presents The Matrix, a new tool for surveying the ecosystem services landscape.
To map this PES landscape, the Ecosystem Marketplace researched the main PES schemes and each of their sub-categories (mandatory or "compliance" offsets for carbon forestry, voluntary offsets for carbon forestry, government-mediated watershed protection, and mandatory or "compliance" offsets for biodiversity, among others) and their key characteristics (size, environmental impact, community impact, market participants and shapers, and emerging trends).