Market-Based Approaches to Environmental Management: A Review of Lessons from Payment for Environmental Services in Asia
In this paper, we review several case studies from Asia on payment for environmental services to understand how landowners decide to participate in payment for environmental services (PES) schemes. The analysis demonstrates the significance of four major elements facilitating the adoption and implementation of PES schemes: property rights and tenure security, transaction costs, household and community characteristics, communications, and the availability of PES-related information. PES schemes should target win-win options through intervention in these areas, aimed at maintaining the provision of ecological services and improving the conditions for local inhabitants. [WP No. 134].
resource management, forestry sector, Indonesia, Asia, payment for environmental services, PES, property rights, security, transaction costs, household, community, communications, ecological srvices, local inhabitants, Philippines, Information, socio-ecological, Viet Nam
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