In 2005, the Millennium Ecosystem Assessment (MA, 2005) provided the first comprehensive report on global ecosystems, the dependence of human societies on the services provided, current state, and likely future trajectory. The MA identified the failure to value ecosystem services as a major contributing cause. The 2001 environment strategy did not explicitly address environmental valuation, although the focus on poverty and environment implies a need for valuing natural resources and environmental services.

Biologically diverse ecosystems in countries served by the World Bank provide an array of valuable economic services. While the benefits of conserving ecosystems frequently outweigh the costs, conversion of these ecosystems to other uses occurs anyway, because many ecosystem benefits are of a public good nature, without markets that would reflect their real value.

As market reforms to the Mongolian economy continue and the country enjoys rapid economic growth, the environment has entered a period of unprecedented pressure. Mining, infrastructure development and tourism development, in particular, are undergoing rapid expansion, and all pose risks to Mongolia's globally important biodiversity.

Reducing emissions from deforestation and degradation (REDD ) should focus on places where such emissions occur. Protected Areas (PAs) are, in theory, protected and hence, should have no emissions associated with land use/land cover change. In practice rotection is incomplete. Can PAs be included in REDD schemes? Can 'paper parks' be included that exist on paper rather than in reality? How concrete should threats be before we call carbon (C) protection 'additional'? The dilemma may be more manageable if protected areas are included in a broader landscape approach to REDD.

For co-management of conservation areas to be effective, detailed information on local people's use of natural resources is essential. One method to obtain some of that information, a household record keeping study, is given. It is simple to implement and analyse, and provides useful, quantitative data on resource use and income levels. The method and present data derived from three studies of Melayu and Iban communities in and around the Danau Sentarum Wildlife Reserve in West Kalimantan, Indonesia, are described.