The valuation of ecosystem services can play an important role in conservation planning and ecosystem‐based management. Unfortunately, gathering primary, site‐specific data is costly. As a result, a popular alternate method is to conduct a “benefit transfer” (applying economic value estimates from one location to a similar site in another location). Among the potential pitfalls of such an approach, the correspondence (or lack thereof) between the locations is probably the most important for evaluating the probable validity of the benefit transfer.

If tropical farmers cannot be provided with sustainable land‐use systems, which address their subsistence needs and keep them gainfully employed, tropical forests will continue to disappear. We looked at the ability of economic land‐use diversification – with reforestation of tropical “wastelands” as a key activity – to halt deforestation at the farm level.

Provision of clean freshwater is an essential ecosystem service that is under increasing pressure worldwide from a variety of conflicting demands. Water yields differ in relation to land‐cover type. Successful resource management therefore requires accurate information on yields from alternative vegetation types to adequately address concerns regarding water production. Of particular importance are upper watersheds/catchments, regardless of where water is extracted.