“…It is through this bundling process that, according to this model, ecosystem services are to be converted to commodities: physically, morally, and conceptually separated from their source (alienability, individuation, and abstraction), designated with legal title and ownership (privatization), assigned a monetary value (valuation), and disassociated from the means and places of production to be sold or traded (displacement; Castree 2003). Based on Castree's (2003) model of commodification, we recognize the "commodity status of a thing not as intrinsic to it, but, rather, assigned" (277), with the salient question therefore being not what is a commodity but what characteristics do things adopt in becoming commodities. In particular, we are interested in the ways in which the types and configurations of finance for forest-based carbon offsets intersect with grounded socionatural systems to either facilitate or complicate the commodification and disembedding of ecosystem services.…”