Economic and monetary information on ecosystem services is important in many ways: It can help to demonstrate the welfare effect of investing in nature conservation and landscape restoration, it is essential in attempts to internalize externalities in cost-benefit analysis of land use changes and business models, and it is increasingly used in natural capital accounting and national conservation strategies. ESVD has worked on multiple projects with multiple partners.
Our project in North-Macedonia has the aim to contribute to sustainable land management and implementation of ecosystem services through our integrated assessment of the monetary benefits of ecosystem services.
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