Advances in Ecosystem Services Valuation Studies in India: Learnings from a Systematic Review

Ecosystem services (ES) concept has gained global momentum as they hold immense importance for human well-being. On the other hand, direct and indirect drivers of biodiversity loss have led to deterioration of ecosystem health and their capacity to deliver ecosystem services. Worldwide, ES assessments have been increasingly used by administrators to formulate sustainable and environment centric policies. Similarly, there has been continuous expansion of ES related work in India to capture the material and non-material benefits derived from diverse ecosystems in the country. In the current paper, 105 research articles/reports have been reviewed to assess the growing trajectory of ES research and also to map their methodological approaches. The lacunae in the studies and literature have been critically examined. Analysis of the study shows that ES derived from forests have been captured widely while marine ecosystems have not received appropriate scholarly attention. Similarly, dearth of studies focusing on long- and short-term implications of climate change and other environmental challenges on the ES delivery was also evident. A strong need is felt to integrate interdisciplinary approaches for holistic ES assessment. Also, future ES assessments must assimilate traditional as well as indigenous knowledge systems within ES assessment framework to ensure formulation of tangible, sustainable policies.