The valuation of regulating services is an evolving field of ecological economics. In this book, Dr. Pushpam Kumar and Dr. Michael D. Wood have invited some of the foremost international experts in the field of ecosystem services valuation to contribute chapters on the valuation of regulating services and highlight some of the main obstacles to the implementation and acceptance of these methodologies in the context of decision-making.

Part 1: Concepts 1. An Introduction to the Valuation of Regulating Services 2. Valuing Ecosystem Services: Benefits, Values, Space and Time 3. Ecosystem Services: Managing Trade-Offs between Provisioning and Regulating Services 4. The "Ecosystem Service Framework": A Critical Assessment Part 2: Methodological Applications 5. Evaluating the Economic Impacts of Water Harvesting in Burkina Faso 6. Accounting for Regulating Services 7. Valuation of Ecosystem Services in Coastal Ecosystems: Asian and European Perspectives 8. Valuing the Storm Protection Services of the Mangroves: Methodological and Data Challenges 9. European Forests and Carbon Sequestration Services: An Economic Assessment of Climate Change Impacts 10. Valuing the Services of Coral Reef Systems for Sustainable Coastal Management: A Case Study of the Gulf of Kachchh, India Part 3: Synthesis 11. Institutions and Ecosystem Functions: The Case of Keti Bunder, Pakistan 12. Valuation of Ecosystem Services: Methods, Opportunities and Policy Implications 13. Conclusions on the Valuation of Regulating Services: Current Status and Future Perspectives

Pushpam Kumar is Reader in Environmental Economics at the University of Liverpool, UK.

Michael D. Wood is an environmental scientist at the University of Liverpool, UK.