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Publication Details

Paper
PP0281-10
TitlePayments for Environmental Services: The Need for Redefinition?
AuthorBeria Leimona and Rudolf de Groot
EditorLaura Keenan, Ujol Sherchan and Sunita Chaudhary
Year2010
Parent TitleMountain Forum Bulletin
PublisherMountain Forum Secretariat, World Agroforestry Centre (ICRAF), IUCN, ICIMOD and the World Bank
City of PublicationKathmandu, Nepal
VolumeX
Issue1
Pages9-10
Call NumberPP0281-10
Abstract:
Evolution of PES

As an alternative to the “command-and-control” approach, increasing enthusiasm for market-based instruments (MBI) in environmental management arose in the early 80s. It was hoped that MBI, including packaging taxes, effluent taxes and charges, capital or operation subsidies, tradable permits, deposit-refund schemes, performance bonds, liability instruments, and many others, would reduce the cost of achieving environmental goals and distribute resources in more efficient ways. The 1992 Rio Declaration on Environment and Development endorsed the use of MBIs as an important component of sustainable development.
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GRP 6: Developing policies and incentives for multifunctional landscapes with trees that provide environmental services
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