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Fibria is working on improving its management capabilities, by evaluating the potential use of ecosystem services valuation techniques in-house.
The choice of ecosystem services valuation methods highly depends on the type and conditions of the ecological environment.
Ecosystem services valuation attempts to determine the monetary value of the benefits provided by the natural world.
Linking values to other stakeholder perceptions might be a useful way to move forward in ecosystem services valuation.
The ethos of ecosystem services valuation has, since the topic became fashionable, suggested that the process will favour maintenance of ecosystems generally (Watson and Albon, 2011).
As the choice of ecosystem services valuation methods highly depends on the type and conditions of the ecological environment, most of the ESV methods suggested in the literature are case-specific.
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Land use maps of (1 5000) were calibrated and coded in ARCMAP 9.2 (ESRI 2013) for the subsequent spatial analysis and ecosystem services valuations.
It is working towards the integration of ecosystem service valuation into the decision-making process, which Fibria believes will improve its business model.
Non-monetary alternatives for ecosystem service valuation are also available (Farber et al. 2002).
However, literature on ecosystem service valuation and PES integration in policy is still limited in Africa and Kenya in particular.
This analysis suggests that addressing uncertainty in ecosystem service valuation is critical to accurately assessing tradeoffs in land use.
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