Following up on my Sarah Ryker keynote presentation at CNREP 2016 post, here is some language from the "Incorporating Ecosystem Services into Federal Decision Making" memo from the Obama Administration (emphasis added):
Specifically, this memorandum:
(1) Directs agencies to develop and institutionalize policies to promote consideration of ecosystem services, where appropriate and practicable, in planning, .investments, and regulatory contexts. (Consideration of ecosystem services may be accomplished through a range of qualitative and quantitative methods to identify and characterize ecosystem services, affected communities' needs for those services, metrics for changes to those services and, where appropriate, monetary or nonmonetary values for those services.)
(2) Sets forth the process for development of implementation guidance and directs agencies to implement aforementioned policies and integrate assessments of ecosystem services, at the appropriate scale, into relevant programs and projects, in accordance with their statutory authority.
Here is another slide from the talk ... environmental economists should have a lot to say about the last item under the first bullet point (a later slide mentioned "ecosystem services valuation" under "research agenda"):
