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Title
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Payments for Environmental Services
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Subtitle
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An important instrument in development policy to maintain global ecosystems
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Author
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Kosmus, M and Cordero, D
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Editor or Organisation
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Year
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2009
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Keywords
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ecosystem services, alternative market, externalsed costs, economy
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Country
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Germany
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Type
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publication
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Language
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English
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Table of Contents
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Context
Understanding PES as a market instrument:
PES in the real market life
State of the art of Markets on Environmental Services
Main challenges: bringing together conservation and development
PES and Poverty
Looking forwards
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Abstract
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Good ecosystem management provides benefits from the local to global scale, but these benefits are usually not recognized. PES seeks to transform environmental benefits into economic incentives, enabling landholders to chose and enforce conservation and sustainable land uses. PES can contribute to maintain ecosystem and improve the living conditions of local people, but some basic elements, a range of institutional conditions and appropriate regulatory framework should be considered to make PES work in an effective way.
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Permission
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Yes
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Category
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File
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