The demand for timely monetary estimates of the economic value of nonmarket ecosystem goods and services has steadily increased over the last few decades. This article describes the use of benefit transfer to generate monetary value estimates of ecosystem services specifically. The article provides guidance for conducting such benefit transfers and summarizes advancements in benefit transfer methods, databases and analysis tools designed to facilitate its application.
Additional publication details
|Publication Subtype||Journal Article|
|Title||The role of benefit transfer in ecosystem service valuation|
|Series title||Ecological Economics|
|Contributing office(s)||Fort Collins Science Center|
|Online Only (Y/N)||N|
|Additional Online Files (Y/N)||N|