The Sustainable Provision of Environmental Services

Más información sobre el libro

Focusing on the effectiveness of market-based instruments, this book critiques the theory behind Payments for Environmental Services (PES) by highlighting the disconnect between theoretical predictions and real-world outcomes. It reveals that PES projects often struggle with financial sustainability unless local entrepreneurs leverage new networks to innovate markets for environmental goods. The author advocates for a shift from regulatory approaches to innovative strategies in environmental service provision, emphasizing the social benefits of hybrid PES schemes, appealing to both practitioners and policymakers.