EconPapers    
Economics at your fingertips  
 

Revisiting the concept of payments for environmental services

Sven Wunder

Ecological Economics, 2015, vol. 117, issue C, 234-243

Abstract: This article revisits the payments for environmental services (PES) concept and reviews existing PES definitions. Based on Weberian philosophy of science, it is argued that an ideal PES type, strongly embedded in PES theory, is needed to understand their logic. Many broader, empiricist definitions fail to distinguish PES from the larger generic family of positive environmental incentives, thus eroding their meaning by excessive vagueness. Arguably, PES definitions should focus on describing a functional tool, rather than normatively integrating desirable PES outcomes. A modified narrow PES definition is proposed, outlining conditionality as the single defining feature, avoiding the buyer-seller terms, and linking PES to offsite externalities. Extensive explanatory guidelines address many valid conceptual concerns raised in the recent PES literature.

Keywords: Incentives; Conservation; Natural resource management; Definition; Max Weber (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (207)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0921800914002961
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:117:y:2015:i:c:p:234-243

DOI: 10.1016/j.ecolecon.2014.08.016

Access Statistics for this article

Ecological Economics is currently edited by C. J. Cleveland

More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-24
Handle: RePEc:eee:ecolec:v:117:y:2015:i:c:p:234-243