Ecosystem valuation training in the GMS

Bangkok, Thailand 1st December 2015

A major challenge in promoting investments in natural capital is to produce solid evidence on the economic value of ecosystem services and ensure this evidence informs development planning and investment decisions.

Addressing capacity gaps for valuing ecosystems is one of the priority collaborative activities under the GMS Climate Change Adaptation Roundtable initiative.  Towards this, the GMS Core Environment Program partnered with the USAID Mekong Adaptation and Resilience to Climate Change (USAID Mekong ARCC) project to deliver a regional training workshop on ecosystem service valuation.

Held December 1 in Bangkok, around 20 government planners from the six GMS countries learnt about the concept of ecosystem service valuations and a new support tool, the ‘Online Ecosystem Value Estimator.’ This online tool was recently developed by USAID Mekong ARCC in collaboration with the Mekong Region Futures Institute. Deriving values from a database of more than 500 ecosystem valuations conducted in the subregion, the estimator covers forest types including evergreen, deciduous, mangrove, as well as wetlands and coastal areas. 

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