Drivers of PES effectiveness: Some evidence from a quantitative meta-analysis
Legrand Saint-Cyr,
Lionel Védrine,
Sophie Legras,
Julie Le Gallo and
Valentin Bellassen
Ecological Economics, 2023, vol. 210, issue C
Abstract:
Payments for Environmental or Ecosystem Services (PES) schemes have become a popular tool to address environmental degradation and to promote sustainable management of ecosystem services. We use meta-regression analysis on a sample of 110 individual studies to investigate the determinants of the environmental effectiveness, defined as the probability to increase environmental services (ES) provision, of about 149 PES-schemes implemented worldwide. We find that increased effectiveness of PES schemes is strongly associated with periodical third-party monitoring, generic reference design and to a lesser extent results-based payments. We further study the determinants of PES additionality, defined as direct changes in ES provision induced by the PES scheme, compared to a baseline without PES, on a smaller sample of 41 studies from which we could obtain the necessary data. The results confirm the role of certain design variables, such as monitoring type, and raise a potential trade-off between enrolment and additionality in the assessment of PES effectiveness.
Keywords: Payments for environmental services (PES); Additionality; Enrolment; Meta-analysis; Effectiveness; Policy design (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:210:y:2023:i:c:s0921800923001192
DOI: 10.1016/j.ecolecon.2023.107856
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