Journal ArticleDOI
Designing payments for environmental services in theory and practice: An overview of the issues
TLDR
Payments for environmental services (PES) have attracted increasing interest as a mechanism to translate external, non-market values of the environment into real financial incentives for local actors to provide environmental services as mentioned in this paper.About:
This article is published in Ecological Economics.The article was published on 2008-05-01. It has received 2130 citations till now. The article focuses on the topics: Payment for ecosystem services.read more
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The history of ecosystem services in economic theory and practice: From early notions to markets and payment schemes
TL;DR: This paper reviewed the historic development of the conceptualization of ecosystem services and examined critical landmarks in economic theory and practice with regard to the incorporation of ecosystem service into markets and payment schemes, concluding that the trend towards monetization and commodification of ecosystems is partly the result of a slow move from the original economic conception of nature's benefits as use values in Classical economics to their conceptualization in terms of exchange values in Neoclassical economics.
Journal ArticleDOI
Rethinking ecosystem services to better address and navigate cultural values
TL;DR: In this paper, the authors argue that the effectiveness of the ecosystem services framework in decision-making is thwarted by conflation of services, values, and benefits, and that failure to appropriately treat diverse kinds of values.
Journal ArticleDOI
Taking stock: A comparative analysis of payments for environmental services programs in developed and developing countries
TL;DR: In this article, the authors synthesize the information presented, according to case characteristics with respect to design, costs, environmental effectiveness, and other outcomes, and conclude that user-financed PES programs were better targeted, more closely tailored to local conditions and needs, had better monitoring and a greater willingness to enforce conditionality, and had far fewer confounding side objectives than government-funded programs.
Journal ArticleDOI
The food waste hierarchy as a framework for the management of food surplus and food waste
TL;DR: In this paper, the authors examine the factors that give rise to food waste throughout the food supply chain, and propose a framework to identify and prioritize the most appropriate options for prevention and management of food waste.
Journal ArticleDOI
Reconciling theory and practice: An alternative conceptual framework for understanding payments for environmental services☆
TL;DR: In this paper, an alternative and novel theoretical approach to the conceptualization and analysis of payments for environmental services (PES) is presented, taking into account complexities related to uncertainty, distributional issues, social embeddedness, and power relations.
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Book
The Problem of Social Cost
TL;DR: In this paper, it is argued that the suggested courses of action are inappropriate, in that they lead to results which are not necessarily, or even usually, desirable, and therefore, it is recommended to exclude the factory from residential districts (and presumably from other areas in which the emission of smoke would have harmful effects on others).
Book
Ecosystems and human well-being: a framework for assessment
TL;DR: The Millennium Ecosystem Assessment (MEA) as discussed by the authors is a conceptual framework for analysis and decision-making of ecosystems and human well-being that was developed through interactions among the experts involved in the MA as well as stakeholders who will use its findings.
Posted Content
The Theory of Environmental Policy
TL;DR: In this article, Baumol and Oates provide a rigorous and comprehensive analysis of the economic theory of environmental policy and present a formal, theoretical treatment of those factors influencing the quality of life.
Book
Halting Degradation of Natural Resources: Is There a Role for Rural Communities?
TL;DR: In this paper, a wide-ranging book, based on a report to the Food and Agriculture Organization of the United Nations, bridges the gap between the enormous amount of empirical literature documenting efforts at managing local-level resources and the quickly growing body of theoretical knowledge dealing with natural resource management.