This new study uses the value transfer methodology to calculate a broad value for 7 Ramsar wetlands in Costa Rica, in order to start the discussion about the ecosystem services approach with the government so they can design new policies, institutions and financial mechanisms to better manage this natural capital.
The main result is that together these 7 wetlands provide more than $3billion per year in ecosystem services to the Costa Rican society, which is similar to the entire agricultural sector or the construction sector.
This project was funded by GEF through UNDP for the Wetlands Project of the Ministry of Environment and Energy. The team that did the study is from the International Center for Economic Policy from the National University of Costa Rica.
You can find the full article here. (in Spanish)