Payment for Ecosystem Services in the Era of Sustainable Agriculture: Insights from The Northern Everglades Payment for Environmental Services Program

Youmin Li, Weizhe Weng, Jared Gars, Micheal Olexa, Suzanne Thornsbury and Xiaohui Qiao

No 361165, 2025 AAEA & WAEA Joint Annual Meeting, July 27-29, 2025, Denver, CO from Agricultural and Applied Economics Association

Abstract: The development of sustainable agriculture has highlighted the critical role of Payment for Ecosystem Services (PES) programs in addressing environmental challenges while supporting agricultural productivity. This paper examines the Northern Everglades Payment for Environmental Services Program (NE-PES) as a case study to derive insights for designing cost-effective and collaborative PES programs. The NE-PES program implemented a hybrid payment scheme that integrated action-based and results-based contracts, enhancing economic efficiency and accountability. Advanced monitoring technologies, such as hydrological modeling and remote sensing, support accurate verification of service delivery, fostering trust among diverse stakeholders. Despite its achievements, challenges such as scalability, integration of diverse ecosystem services, and stakeholder heterogeneity highlight the need for innovative approaches in program design and implementation.

Keywords: Teaching/Communication/Extension/Profession (search for similar items in EconPapers)
Pages: 16
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea25:361165

DOI: 10.22004/ag.econ.361165

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