We study the incorporation of ecosystem services in German water infrastructure planning exemplified by a projected … monetary value of changes in different ecosystem services: i) the restoration costs of a planned mitigation measure for a loss … find that the inclusion of monetary values for ecosystem service changes leads to a substantial drop in the benefit …

projects with environmental consequences. The standard approach typically neglects that ecosystem services are not easily … rates of 15 ecosystem services and the degree of limited substitutability based on a meta-analysis of 36 willingness to pay … studies in Germany. We find that the relative price of ecosystem services has increased by more than four percent per year in …