“Economic incentive mechanisms for ecosystems”

Tuesday, Nov. 18, 2008
3:30 p.m. – 4:30 p.m.
Harvill Bldg., Room 111, University of Arizona campus

THE UNIVERSITY OF ARIZONA Department of Geography & Regional Development is sponsoring a talk titled, “Economic incentive mechanisms for ecosystems: The emergence of market-based approaches for water-related ecosystem services” by Bruce Aylward, Ph.D.

The last decade has seen a profusion of interest in payments and markets for ecosystem services. While carbon markets have been the most newsworthy and the focus for much of the trading activity, water- related ecosystem services have seen considerable experimentation with a range of incentive mechanisms across a range of settings. In this presentation an effort is made to organize and illustrate these incentive mechanisms, derive initial lessons learned for strategy and design, and identify questions that remain unresolved.

Bruce Aylward is a Director at Ecosystem Economics LLC, a firm specializing in the application of economics to ecosystem management and restoration. From 2002 to 2007, Bruce led successful water acquisition and banking programs at the Deschutes River Conservancy (DRC), in Bend, Oregon. Bruce is currently providing strategic advice and capacity-building on environmental water transactions to organizations and initiatives across the west. He is also working with various partners in the U.S. and abroad on the development and design of payment and market systems for ecosystem services. Bruce served as convening lead author on Freshwater Ecosystem Services for the policy track of the Millennium Ecosystem Assessment, and wrote the economics chapter for FLOWS, a World Conservation Union (IUCN) guide on environmental flows now available in 8 languages. His other international experience includes work at the World Commission on Dams in Cape Town, South Africa, the International Institute for Environment and Development in London and Costa Rica, etc. Bruce is a resource and environmental economist with a B.A. from Stanford University and M.A. and Ph.D. from the Fletcher School at Tufts University. He is an adjunct faculty member for the Water Resources Graduate Program and the Cascades campus Natural Resources Program at Oregon State University.

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