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Market-Based Approaches to Environmental Management: A Review of Lessons from Payment for Environmental Services in Asia

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  • Bhim Adhikari

Abstract

Market-based approaches to environmental management, such as payment for environmental services (PES), have attracted unprecedented attention during the past decade. PES policies, in particular, have emerged to realign private and social benefits such as internalizing ecological externalities and diversifying sources of conservation funding as well as making conservation an attractive land-use paradigm. In this paper, we review several case studies from Asia on payment for environmental services to understand how landowners decide to participate in PES schemes. [WP 134].

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  • Bhim Adhikari, 2010. "Market-Based Approaches to Environmental Management: A Review of Lessons from Payment for Environmental Services in Asia," Working Papers id:2368, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:2368
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    Keywords

    market-based; Aisa; ecological externalities; conservation; landowners; payment; environmental services; management; transaction costs; household; community; communications; PES; local inhabitant; livelihoods;
    All these keywords.

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