provision of ecosystem services in a region is its underlying biodiversity, i.e., the wealth and variety of plants, animals, and … microorganisms. Because the benefits from ecosystem services and biodiversity are not valued in market exchanges, private landowners … land in three federal programs — the Endangered Species Act, the Conservation Reserve Program, and Section 404 of the Clean …

prominent example, it enters new fields of application, such as land use policy and biodiversity protection, water quality and …, for example, land use management, biodiversity protection and water trading. Permit Trading in Different Applications …