This publication aims to inform policy makers and businesses in LAC about the economic risks and opportunities of undertaking productive activities that impact on and are influenced by Biodiversity and Ecosystem Services (ES). The report is a tool to assist governments and stakeholders to analyze the role of ES in order to incorporate them into economic planning, policy and investment at the sectoral level. To achieve this objective, the Report addresses: Economic costs and benefits associated with contrasting management approaches to producing sectoral outputs; Economic contribution of biodiversity conservation and economic services to economic growth and equity in natural resources sectors in LAC; Showcases innovative and successful resource management models undertaken by private firms, governments, research institutes, and NGOs in the region and throughout the world showing new ways to promote economic growth while preserving environment; Green Markets, investment in biodiversity assets and ES; methodological approach on valuation.