An Assessment of Intermediary Roles in Payments for Ecosystem Services Schemes in the Context of Catchment Management: An Example from South West England
Laurence Couldrick () and
Laurence Smith ()
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Hadrian Cook: School of Geography, Geology and the Environment, Kingston University London, Kingston-upon Thames, Surrey KT1 2EE, UK
Laurence Couldrick: Westcountry Rivers Trust, Rain Charm House, Kyl Cober Parc, Callington, Stoke Climsland, Cornwall PL17 8PH, UK
Laurence Smith: School of Oriental and African Studies, University of London, London WC1H 0XG, UK
Journal of Environmental Assessment Policy and Management (JEAPM), 2017, vol. 19, issue 01, 1-31
Payments for Ecosystems Services (PES) schemes are an underdeveloped component of the policy mix for catchment management in many countries. The importance of intermediaries to such schemes is acknowledged in the literature but few studies go beyond theory to evaluate practice. This paper analyses generic intermediary functions for PES. It then evaluates an innovative example from southwest England that provides illustrations, and some lessons regarding necessary capabilities and characteristics for intermediaries, and understanding of their form, functions and modalities. The ‘UpStream Thinking’ project was co-developed by a private water company and an environmental charity. The former translated effective demand from shareholders and water customers for improved raw water quality into finance, whilst the latter had capabilities for catchment-scale on-farm delivery and trusted acceptance as an intermediary. While any sector can potentially provide a PES intermediary, the value driven, not-for-profit and politically neutral voluntary sector proves to be a good fit. Such ‘boundary organisations’ are also well placed for horizontal coordination of catchment management authorities and actions.
Keywords: Intermediary; catchment management; payment for ecosystem services; NGOs; transaction costs; social capital (search for similar items in EconPapers)
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