The main objective of the project was intended to provide evidence for policies that… could be implemented or that could be modified, to preserve, to make visible the provision of ecosystem services in this watershed. The scope of the analysis was the provision of ecosystem services related to the production of hydroelectric energy. This watershed is extremely rich in water, water resources and biodiversity, etc., … …but we had to prioritize because the most important hydroelectric power station in the country is located in this watershed… …, and 22 additional hydroelectric power stations are planned [just in this watershed] That’s why we focus the project on this kind of production and the ecosystem services related to it. We are all committed, all of Ecuador is committed to development, but with intelligent development. …and from that point of view we will continue to promote this type of study… …to learn more about how nature works and how Nature contributes to human development. This [TEEB] study is essential because any topic related to BioEconomy is very important… …it is very important for us because we need to find incentives that will allow private and public sectors… … to work in projects that will allow us, the Ministry of Environment, to link our conservation policies with the production matrix of the country. Precisely the study was done in this area because although it is not the most important area in the production of cocoa, it may become so. The idea is that what will be done here will be better than what has been done previously in other areas [of the country]. We want to help to improve the practices in such a way that ecosystem services won’t be affected. That’s why we conducted the TEEB study in this area because it is an area that will develop in the near future. Also we wanted to analyze which kind of practices have an impact on ecosystem services and its link with the production of cocoa. The other main reason why we chose this area is because the Government has invested and developed a big irrigation project (DauVin)… …and the authorities are really interested in making most out of this irrigation project… …this project is meant to help increase the production of [high quality] cocoa. The results from the project are very important, not only for the cocoa production sector, but also for the public sector. Now we have to start. We need to create working groups with the different actors involved. We have worked with the academia, with small-scale farmers, with the Ministry of Environment, Ministry of Agriculture, etc. With all of them we have built the knowledge, we have obtained the data, we have analyzed the situation – now we have to take a step forward. Now it time to analyze what can we do with all this knowledge – which public policies can we implement to improve the situation of the sector, while protecting ecosystems. In brief, the goal is to use all the information and all the knowledge generated throughout the project to improve the situation in the cocoa sector. Speaking of the future I would highlight two very important steps: Step one, set out the public policies that we will be able to recommend based on the results obtained through the TEEB study. Step two, because of the TEEB study we have gathered a group of experts that wants to continue working on the subject of ecosystem services valuation. In fact, we have already begun working on other projects with a similar approach to TEEB, on our own. That is also important: the acquired knowledge of that group of experts for further studies focus on the economic evaluation of ecosystem services. From the beginning, we knew that the TEEB study will help us to be able to offer, based on clear and well-formed scientific evidence,… … the political messages necessary, launched from the Ministry, to establish, as a country, a coherent policy… … to maintain an energy matrix in a sustainable way, through hydroelectric production. We then consider that through the TEEB study we, as Ministry of Environment, could generate such messages based on the science. In addition, the TEEB study has allowed us to establish a policy of cooperation between the academia, International Organizations, and the public institutions in Ecuador. This cooperation will help us to develop certain procedures, institutionalized, to continue with the implementation of the policy recommendations arising from the results of the TEEB study. In the case of the TEEB study in the Coca watershed, we are going to establish what should be the intensity of our intervention as the Ministry in that watershed… …and, from the TEEB results, we will see which changes we should make to the law and to public policies – including the executive power here in Ecuador.