TABLE OF CONTENTS

Objectives 5 Introduction 6

Chapter 1 Ecosystem Services 10 Chapter 2 PES Market Segments 38

Markets Segment for Carbon Sequestration: Keeping the lid on emissions 40 Case study: Farmers and Forest Dwellers in Mexico 42

Market Segment for Watershed Services: Keeping taps open and supplies clean 44 Case study: Supplying New York City 46

Market Segment for Biodiversity: Everything is connected 48 Case study: Yasuni National Park, Ecuador 50

Markets Segment for Landscape Beauty: Preserving nature’s bounty 52 Case study: Conserving Tanzania’s Wildlife 54

Market Segment for Combined Ecosystem Services: Bringing it all together 56 Case study: Packaged Services in Cambodia 58

Chapter 3 Valuing Ecosystems and Fighting Poverty 60 Key Messages 68 Bibliography and references 70 Glossary 72

VITAL GRAPHICS ON PAYMENT FOR ECOSYSTEM SERVICES 3