Ecosystems provide a range of goods and services vital to the well-being of humans and other living things, as well as to the development of society. Along with natural resources, tangible and tradable in the market, they provide a series of intangible, non-marketable services that translate...

The EU's Cohesion Policy (CP) intends to promote European economic, social, and territorial cohesion. The policy occupies about a third of the EU budget and it is the most evaluated of all EU policies. With the support of the German Ministry of Finance, two in-depth ZEW research papers by...