Despite their value, environmental services are often lost as land users typically receive no compensation for the services their land generates for others and therefore have no economic reason to take these services into account in making decisions about land use. The payment for environmental services (PES) approach is an example of efforts to develop systems in which land users are paid for the environmental services they generate. The central...
See More
Document also available in :
Spanish
DETAILS
Citation
Pagiola,Stefano P.; Platais,Gunars H..
Payments for environmental services (English). Environment Strategy Notes ; no. 3 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/983701468779667772