BROWSE ...
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Payments for ecosystem services
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| Author(s):
Environment and Development Division (EDD)
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| Economic Sector(s):
(1) Policies, planning and legislation; (2) Assessment and monitoring; (3) Management and rehabilitation; (4) Awareness and education |
| ESCAP Reference
No.: ST/ESCAP/2560 |
| Division/Office:
Environment and Development |
| Published Date:
31 December 2009 |
| Country:
Thailand |
| Hard Copy Price:
Online Copy Only
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| For an economy to “grow green”, investments must be made in natural capital. Natural capital provides both “direct” ecosystem services such as the provision of food and raw materials, and “indirect” ecosystem services such as carbon sequestration, watershed protection, aquifer recharge and biodiversity habitat provision (see box 1).Ecosystem services support human economies and societies. They are usually irreplaceable, or can only be substituted for, at great cost. The savings achieved by protecting natural capital can provide convincing economic, in addition to the well-known environmental arguments, for sound environmental management. Incentives for sustainable management of ecosystems through payments for ecosystem services, or PES can boost action on sound ecosystem management. Why are such incentives important? |
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Abbreviations and acronyms
What is PES?
Why is PES generating so much interest?
What does PES bring to the policy table?
What are the main challenges of PES design and implementation?
PES: Selected experiences |
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