Payments for Environmental Services: Some Nuts and Bolts

Payments for Environmental Services: Some Nuts and Bolts

Background

This paper reviews current literature and considers observations from Latin America and Asia to describe Payment for Environmental Services (PES) strategies. 

Research Goals & Methods

This paper aims to help demystify PES for non-economists, starting with a simple and coherent definition of the term.

Conclusions & Takeaways

PES schemes will be successful only if such projects clearly demonstrate their utility, development conditions of trust between users and providers, and PES recicpients' livelihood dynamics are better understood. 

 

 

Reference: 

CIFOR . Payments for environmental services: some nuts and bolts. Center for International Forestry Research (CIFOR); 2005. doi:10.17528/cifor/001765.

Affiliation: 

  • Center for International Forestry Research (CIFOR)