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Ecosystem services: from theory to implementation.

Gretchen C Daily1, Pamela A Matson

  • 1Center for Conservation Biology (Department of Biology) and Woods Institute for the Environment, Stanford University, Stanford, CA 94305-5020, USA. gdaily@stanford.edu

Proceedings of the National Academy of Sciences of the United States of America
|July 16, 2008
PubMed
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Leaders increasingly view ecosystems as valuable natural capital. Turning this recognition into large-scale investments requires advances in ecosystem science, finance, policy, and implementation strategies.

Area of Science:

  • Ecosystem services valuation
  • Natural capital accounting
  • Environmental economics

Background:

  • Growing global recognition of ecosystems as critical natural capital assets.
  • The need to translate this recognition into actionable incentives and institutions for large-scale investment.
  • Current limitations in scientific understanding and practical implementation hinder effective natural capital management.

Purpose of the Study:

  • To identify key areas for advancing the integration of natural capital into decision-making.
  • To explore the development and assessment of novel institutional structures for ecosystem service management.
  • To highlight the importance of knowledge sharing and priority setting for accelerating innovation in natural capital investment.

Main Methods:

Related Experiment Videos

  • Review of scientific understanding of ecosystem production functions and service mapping.
  • Analysis of emerging finance, policy, and governance systems for natural capital.
  • Examination of implementation strategies in diverse biophysical and social contexts.

    • Main Results:

    • Scientific understanding is advancing but still limits full integration into national accounting and decision-making.
    • Novel institutional structures are emerging, necessitating systematic assessment of their effectiveness.
    • Progress requires formal experience sharing and defined priorities to accelerate innovation.

    Conclusions:

    • Significant advances are needed in ecosystem science, institutional design, and implementation art.
    • Effective natural capital management hinges on robust scientific data, innovative governance, and practical application.
    • Accelerated uptake of natural capital approaches depends on collaborative learning and strategic prioritization.