PT  - JOURNAL ARTICLE
AU  - Sims, Charles
AU  - Blachly, Ben
AU  - Warziniack, Travis
TI  - Will Ecosystem Services Attract Investors?
AID  - 10.3368/le.100.2.111422-0097R
DP  - 2023 Oct 16
TA  - Land Economics
PG  - 111422-0097R
4099  - http://le.uwpress.org/content/early/2023/10/09/le.100.2.111422-0097R.short
4100  - http://le.uwpress.org/content/early/2023/10/09/le.100.2.111422-0097R.full
AB  - An unanswered question in conservation economics is how to leverage impact investing for the provision of ecosystem services. We develop and apply a general conceptual model of a diversified ecosystem service portfolio to highlight two key insights about which ecosystem services will attract impact investing. First, generating a positive expected return via markets or payments for ecosystem services is a necessary but not sufficient condition to elicit impact investment in ecosystem services. Second, ecosystem services can exhibit a novel diversification value that increases the value of the ecosystem service asset to an institutional investor.