Term:
Environmental services
Definition:
Environmental services refer to qualitative functions of natural non—produced assets of land, water and air (including related ecosystem) and their biota.
There are three basic types of environmental services:
(a) disposal services which reflect the functions of the natural environment as an absorptive sink for residuals,
(b) productive services which reflect the economic functions of providing natural resource inputs and space for production and consumption, and
(c) consumer or consumption services which provide for physiological as well as recreational and related needs of human beings
Domain:
Environment
Source:
OECD Glossary