Sustainable Development of Mankind Through Ecological Services: A Literature Review

A working ecosystem is a cornerstone to human prosperity. When ecological concerns are associated with the economic aspects, the challenge lies in addressing human issues without corrupting the environment. The presence of mankind and society relies upon the life support framework of the physical environment. Thus, the purpose of the study is to appraise the sustainable development of mankind through ecological services in developed and developing countries. The research relied on the use of credible past and present literature from the theoretical and conceptual analysis undertaken to form the fundamental concept which this study is formed upon. The literature revealed that the economic significance of ecological services to the sustainable development of mankind legitimizes the need to comprehend their value. Similarly, to understand the association between ecological services and the development of mankind as a component that supports policy decisions, different approaches can be implemented towards the remuneration of ecological services. These approaches are mainly through the market and governmental approach. Moreover, the study contributes to the body of knowledge on how ecological services could bring about radical sustainable development in developing countries.