Ecosystem services explained
A free lecture that explores the utilisation of an ecosystem services or a ‘natural capital’ approach to building sustainable prosperity takes place at Massey University next week.
Investing in Natural Capital – getting returns through Ecosystem Services by Massey Associate Professor Marjan van den Belt and Professor Robert Costanza, Australian National University takes place in the university’s Aghort 1 between 12noon – 1.15pm next Tuesday October 6.
Robert and Marjan were both authors of the seminal 1997 paper The Value of the World’s Ecosystems Services and Natural Capital.
Ecosystem services adopt an approach that can be used to recognise ‘value’ in a broad sense of the word while fostering dialogues around how to both ‘enhance and capture value’.
Examples of ecosystem services are food/fibre provision, nutrient recycling, flood protection, biodiversity and climate regulation.
The pair will be discussing how the ecosystem service approach has progressed internationally since 1997 and how it can be used to enhance decisionmaking at local, regional, national and global levels.
Ecosystem services in action as the Moutoa flood protection sluice gates were opened on Thursday following heavy rains.