Our team links ecosystem functions to ecosystem services that natural resources such as rangelands provide to society. Doing so, we provide a link between the natural system which is the focus area of Team A and B and the societal system, which is studied by Team D. We apply a variety of methods including cost-benefit and economy-wide analyses to assess these ecosystem services from a socio-economic perspective, providing estimates for the valuation of ecosystem services by different stakeholders. These assessments can serve stakeholders and decision-makers in the design of policies and institutions for a sustainable management of natural resources under climate change and raise general awareness for the importance of preserving these natural resources.