Payments for Ecosystem Services
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FAO ;
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Healthy ecosystems provide a variety of vital goods and services that contribute directly or indirectly to human well-being. The food and agriculture sector provides multiple ecosystem services, including: ££ Provisioning services such as food and energy resources; Regulating services vital to healthy ecosystems; Cultural services such as traditional land use, landscapes and recreation; Supporting services such as soil formation and nutrient recycling. These ecosystems services have an immense but under-estimated economic value, estimated to USD 16-54 trillion in 1997: USD 200 billion, or 9.5 percent of world agricultural output in 2005, is generated by insect pollination. USD 3.7 trillion of climate-induced damage could be avoided by halving deforestation rates by 2030. USD 50 billion is lost annually from global income derived from marine fisheries, compared to a more sustainable fishing, due to fish stocks over-exploitation. 47 to 89 percent of the total sour ces of livelihoods of rural and poor forest dwellers in some large developing countries come from ecosystem services and other non-marketed natural goods
