The price of land on the global market is often far below its real value to society. Thsi means that too much has been and is being extracted from the land, degrading it to a dangerous extent. Worldwide, 52 percent of land used for agriculture is moderately or severely affected by land and soil degradation, a widespread phenomenon occurring globally. Recent estimates show that ecosystem service losses from land degradation cost $6.3 to 10.6 trillion annually. Everyone on earth suffers indirectly, and for the 1.4 billion rural poor land degradation has a direct impact on livelihoods.