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 - 2024 May 01 TA - Land Economics PG - 296--313 VI - 100 IP - 2 4099 - http://le.uwpress.org/content/100/2/296.short 4100 - http://le.uwpress.org/content/100/2/296.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 insufficient condition to elicit impact investment in ecosystem services. Second, ecosystem services can show a new diversification value that increases the value of the ecosystem service asset to an institutional investor.