MONEY IN A STREAM BANK: ECOSYSTEM SERVICE MARKETS IN OREGON

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John Harris, Horsepower Productions

Imagine a world where a diversified investment portfolio includes stocks, bonds, real estate, and "shares" in erosion prevention, oxygen production, elk habitat, and trout migration. In time this world might become a reality for investors. The concept originates in an innovative conservation strategy currently called ecosystem service markets, which is attracting increasing interest. Such markets could be used by landowners who are seeking to restore the health of their land while still generating income. Currently, ecosystem services are outside traditional financial markets, do not possess a monetary value, and are typically not considered during decision-making processes. In addition, current restoration projects are limited in scope and are rarely time-efficient or cost-effective. A market-based approach to conserving ecosystem services has the potential to remedy these problems. Oregon is actively developing this new approach.

Read Money in a Stream Bank: The multi-media story of Ecosystem Service Markets in Oregon

GAINING GROUND

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The Oregon Story of Land Use. Who owns the land? Who controls it? These two questions frame the story of land use planning in Oregon. View a short multimedia story on Oregon land use planning, past and present.