Resolution No. 123 of the Council of Ministers “On conducting an economic assessment of ecosystem services”.

Regulation on the procedure and conditions for conducting an economic assessment of ecosystem services determines the procedure and conditions for conducting an economic assessment of ecosystem services. Economic assessment of ecosystem services is carried out for the following purposes: (a) assessment of the state of the ecosystem and its components; (b) reduction of harmful impact on the environment and improvement of its quality; (c) efficient use of financial resources taking into account direct and remote consequences of impact on ecosystems during the implementation of state programs; (d) conservation, restoration and sustainable functioning of ecosystems; (e) preparation of proposals for the implementation of measures to obtain benefits as a result of the conservation, restoration and sustainable functioning of ecosystems; (f) planning and implementation of economic and other activities; and (g) taking into account the cost assessment of ecosystem services when forecasting and assessing changes in the state of the environment for objects associated with the impact on natural ecosystems, when conducting an environmental impact assessment. Economic assessment of ecosystem services is carried out by legal entities that have a certificate of accreditation of a scientific organization and are included in the register of scientific organizations. The results of the economic assessment of the ecosystem service are presented in the form of a report on the economic assessment of the ecosystem service, which must contain the following sections: (a) information on the objectives of the planned economic and other activities of the customer; (b) assessment of the state of ecosystems and ecosystem services for ecosystems that will be affected by the services, and the benefits in the environmental, economic and social spheres that the customer can receive from using the ecosystem; (c) cost assessment of the ecosystem service; and (d) conclusions based on the results of the economic assessment of the ecosystem service for the environmental, economic and social spheres.