Payments for Ecosystem Services Financing Nature-Based Solutions

Robert C. Brears ()
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Robert C. Brears: Our Future Water

Chapter Chapter 7 in Financing Nature-Based Solutions, 2022, pp 135-159 from Palgrave Macmillan

Abstract: Abstract While ecosystem services (ES) are critical to sustainable development, they have been damaged and degraded by human activities and natural disasters, leading to a decline of ES. Of the various measures available to protect ES supply, payments for ecosystem services (PES) schemes are the most cost-effective. This chapter will first discuss the conditions that define a PES scheme before discussing the range of PES schemes available. The chapter will then review the opportunities in which PES schemes may arise. Finally, the chapter will review the phases involved in developing and implementing a PES scheme.

Keywords: Ecosystem services; Payments for ecosystem services; Biodiversity protection (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-030-93325-8_7

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DOI: 10.1007/978-3-030-93325-8_7

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