Contents: 1.ECOSYSTEM VALUATION: CONCEPTS AND THEORETICAL BASIS 1.Introduction 1.1.Concept of Value and valuation 1.2.Ecosystem and ecosystem services 1.2.1.Ecosystem services 1.2.2.Types of values 1.3.Need for Ecosystem valuation 1.4.Theoretical Basis of Valuation 1.4.1 Consumer surplus 1.4.2 Compensating and Equivalent variation 1.4.3. Revealed presences and Stated preference theory 1.5.Conclusion 1.6.References 2.VALUATION METHODS 2.1. Ecosystem Valuation Methods: Types of valuation in practice 2.1.1 Market price valuation 2.1.1.1.Economic Surplus approach (ES) 2.1.2Non-market valuation 2.1.2.1. Proxy available 2.1.2.1.1. Direct Proxies: 2.1.2.1.1.1 Productivity change methods 2.1.2.1.1.2 Cost of illness method 2.1.2.1.1.3. Human Capital cost method 2.1.2.1.1.4. Friction cost method (FCM) 2.1.2.1.1.5. Substitute Cost method (Alternate cost method) 2.1.2.1.1.6. Aid cost method 2.1.2.1.1.7. Replacement cost method 2.1.2.1.2. Indirect Proxies 2.1.2.1.2.1. Travel Cost Method 2.1.2.1.2.2. Hedonic Price Method (HPM) 2.1.2.2. No Proxies 2.1.2.2.1 Contingent Valuation Method (CVM) 2.1.2.2.2 Multi Attribute models 2.1.2.2.2.1 Conjoint Analysis 2.1.2.2.2.2 Choice Modelling 2.1.3. Benefit Transfer 2.2. Conclusion 2.3.References 3.ECOSYSTEM VALUATION OF IRRIGATION TANKS 3.1.Introduction 3.2. Tank irrigation in India 3.3.Multiple uses and ecosystem services 3.4. Framework for Valuation of tank ecosystem 3.5. Valuation of tank ecosystem: An empirical analysis 3.5.1. Valuation of different ecosystem services 3.6.Empirical results 3.6.1. Case study 1 3.6.2. Case study 2 3.7. Conclusion and Potential policy options 3.8. References 4.VALUATION OF WATERSHED ECOSYSTEMS : APPLICATION OF ECONOMIC SURPLUS METHOD 4.1. Watershed ecosystem 4.2. Methodology and Data 4.2.1.Meta Analysis 4.2.2. Indicators : 4.2.3. Case study 4.2.4. Sampling framework 4.2.5. Economic Surplus Approach 4.2.5.1. Application of Economic Surplus Method to Watershed Evaluation 4.2.6. Cost of Project 4.3. Watershed Development in the Study Area 4.4. Results from Field Studies 4.4.1. Meta Analysis 4.4.2. Case Studies 4.5.Conclusion and Policy Suggestions 4.6.References 5.FORESTS ECOSYSTEM: VALUATIONS 5.1 Forest Ecosystem: An Introduction 5.2 Need for Valuation Forest ecosystem 5.3 Valuation of Forest Ecosystem 5.4 Conclusion 5.5 References 6. ENVIRONMENTAL BENEFITS OF ECOTOURISM : AN APPLICATION OF TRAVEL COST METHOD 6.1 Eco-tourism 6.2 Why valuation of eco-tourism 6.3 Travel cost method and its application 6.4 Value of ecotourism benefits 6.5 Conclusion and Policy Implications 6.6 References 7. DEMAND FOR AND SUPPLY OF ECOSYSTEM SERVICES: AN APPLICATION OF CVM 7.1. Introduction 7.2. Demand for Ecosystem services 7.3. Supply of Ecosystem services 7.4. Application of CVM 7.5. Results and Discussions 7.6. Conclusion 7.7. References 8. DEMAND FOR AND SUPPLY OF ECOSYSTEM SERVICES: AN APPLICATION OF CHOICE EXPERIMENT 8.1. Introduction 8.2. Demand for Ecosystem services 8.3. Supply of Ecosystem services 8.4. Application of Choice Experiment 8.5. Results and Discussions 8.6. Conclusion 8.7. References 9. QUALITATIVE TECHNIQUES FOR VALUATION OF ECOSYSTEM SERVICES 10. SUMMARY, CONCLUSIONS AND FUTURE DIRECTIONS 10.1.Synthesis from the different cases 10.2.Future directions LEXICON REFERENCES INDEX