Paying for Biodiversity: Enhancing the Cost-Effectiveness of Payments for Ecosystem Services

The economics of payments for ecosystem services

DOI:https://dx.doi.org/10.1787/9789264090279-6-en

This chapter presents the main concepts in the economics of Payments for Ecosystem Services. The underlying mechanism for making payments for the provision of biodiversity and ecosystem services is illustrated in the context of market failures. The ...



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