Methodologies

Natural World Heritage sites are internationally recognized as having the highest global conservation significance and include iconic places such as the Serengeti, Great Barrier Reef and the Galapagos Islands. These renowned sites offer crucial insight into the successes and challenges on the frontlines of conservation, but only about half of the natural sites have been regularly monitored through the main monitoring mechanisms of the World Heritage Convention.

This guide aims at making accessible the main concepts and methods of economic valuation of the monetary value of goods and services rendered by natural ecosystems in general. This text is designed for all actors involved in the economic valuation of ecological services. It was deliberately simplified in order to enable all economist and non-economist actors to take ownership of it.