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Ecosystem Services and the Potential Role for Markets

Summary

Over the past few years, interest has grown in the idea that markets for ecosystem services (MES) can foster environmental conservation and ecosystem restoration. Supporters of MES point to cases where market mechanisms have been used successfully as a cost-effective way to achieve environmental goals. Examples include the U.S. SO2 emissions allowance program, carbon trading, fishing quotas, water markets, and water quality trading.