The Sustainable Provision of Environmental Services

En savoir plus sur le livre

Examining the effectiveness of market-based instruments, this book critiques the theory behind Payments for Environmental Services (PES) by highlighting the financial sustainability challenges of such projects. Through field research and insights from FAO dialogues, the author argues that successful PES initiatives require local entrepreneurs to leverage new networks for innovative market creation. Advocating for a shift from regulation to innovation in environmental service provision, the work emphasizes the social benefits of hybrid PES schemes, appealing to both practitioners and policymakers.