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Payments for ecosystem services: From local to global

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  • Farley, Joshua
  • Costanza, Robert
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    Abstract

    Payment for Ecosystem Services (PES) is becoming increasingly popular as a way to manage ecosystems using economic incentives. The environmental economics approach to PES tries to force ecosystem services into the market model, with an emphasis on efficiency. The ecological economics approach, in contrast, seeks to adapt economic institutions to the physical characteristics of ecosystem services prioritizing ecological sustainability and just distribution and requiring a transdisciplinary approach. This paper summarizes the results of a participatory "atelier" workshop held in Costa Rica. We developed a set of principles (the Heredia Declaration) for PES systems and report on evolving initiatives in several countries. We discuss how the distinction between ecosystem goods (which are stock-flow resources) and ecosystem services (which are fund-service resources) and the physical characteristics of the fund-services affect the appropriate institutional form for PES. We conclude that PES systems represent an important way to effectively manage fund-service resources as public goods, and that this represents a significant departure from conventional market institutions.

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    Bibliographic Info

    Article provided by Elsevier in its journal Ecological Economics.

    Volume (Year): 69 (2010)
    Issue (Month): 11 (September)
    Pages: 2060-2068

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    Handle: RePEc:eee:ecolec:v:69:y:2010:i:11:p:2060-2068

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    Web page: http://www.elsevier.com/locate/ecolecon

    Related research

    Keywords: Payments for ecosystem services Public goods Open access regimes Congestibility Collective institutions;

    References

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    1. Wunder, Sven, 2008. "Payments for environmental services and the poor: concepts and preliminary evidence," Environment and Development Economics, Cambridge University Press, vol. 13(03), pages 279-297, June.
    2. Dan Ariely & Anat Bracha & Stephan Meier, 2009. "Doing Good or Doing Well? Image Motivation and Monetary Incentives in Behaving Prosocially," American Economic Review, American Economic Association, vol. 99(1), pages 544-55, March.
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    4. Norgaard, Richard B., 2010. "Ecosystem services: From eye-opening metaphor to complexity blinder," Ecological Economics, Elsevier, vol. 69(6), pages 1219-1227, April.
    5. Muradian, Roldan & Corbera, Esteve & Pascual, Unai & Kosoy, Nicolás & May, Peter H., 2010. "Reconciling theory and practice: An alternative conceptual framework for understanding payments for environmental services," Ecological Economics, Elsevier, vol. 69(6), pages 1202-1208, April.
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    7. Kemkes, Robin J. & Farley, Joshua & Koliba, Christopher J., 2010. "Determining when payments are an effective policy approach to ecosystem service provision," Ecological Economics, Elsevier, vol. 69(11), pages 2069-2074, September.
    8. Michael Kosfeld & Armin Falk, 2006. "The Hidden Costs of Control," American Economic Review, American Economic Association, vol. 96(5), pages 1611-1630, December.
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    10. Farley, Josh & Aquino, André & Daniels, Amy & Moulaert, Azur & Lee, Dan & Krause, Abby, 2010. "Global mechanisms for sustaining and enhancing PES schemes," Ecological Economics, Elsevier, vol. 69(11), pages 2075-2084, September.
    11. Reynolds, Travis W. & Farley, Joshua & Huber, Candice, 2010. "Investing in human and natural capital: An alternative paradigm for sustainable development in Awassa, Ethiopia," Ecological Economics, Elsevier, vol. 69(11), pages 2140-2150, September.
    12. Vatn, Arild, 2010. "An institutional analysis of payments for environmental services," Ecological Economics, Elsevier, vol. 69(6), pages 1245-1252, April.
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    17. Kosoy, Nicolás & Corbera, Esteve, 2010. "Payments for ecosystem services as commodity fetishism," Ecological Economics, Elsevier, vol. 69(6), pages 1228-1236, April.
    18. Engel, Stefanie & Pagiola, Stefano & Wunder, Sven, 2008. "Designing payments for environmental services in theory and practice: An overview of the issues," Ecological Economics, Elsevier, vol. 65(4), pages 663-674, May.
    19. Wendland, Kelly J. & Honzák, Miroslav & Portela, Rosimeiry & Vitale, Benjamin & Rubinoff, Samuel & Randrianarisoa, Jeannicq, 2010. "Targeting and implementing payments for ecosystem services: Opportunities for bundling biodiversity conservation with carbon and water services in Madagascar," Ecological Economics, Elsevier, vol. 69(11), pages 2093-2107, September.
    20. Kerchner, Charles & Honzák, Miroslav & Kemkes, Robin & Richardson, Amanda & Townsend, Jason & Rimmer, Christopher C., 2010. "Designing spatially explicit incentive programs for habitat conservation: A case study of the Bicknell's thrush wintering grounds," Ecological Economics, Elsevier, vol. 69(11), pages 2108-2115, September.
    21. Corbera, Esteve & Soberanis, Carmen González & Brown, Katrina, 2009. "Institutional dimensions of Payments for Ecosystem Services: An analysis of Mexico's carbon forestry programme," Ecological Economics, Elsevier, vol. 68(3), pages 743-761, January.
    22. Pagiola, Stefano & Arcenas, Agustin & Platais, Gunars, 2005. "Can Payments for Environmental Services Help Reduce Poverty? An Exploration of the Issues and the Evidence to Date from Latin America," World Development, Elsevier, vol. 33(2), pages 237-253, February.
    23. Koellner, Thomas & Sell, Joachim & Navarro, Guillermo, 2010. "Why and how much are firms willing to invest in ecosystem services from tropical forests? A comparison of international and Costa Rican firms," Ecological Economics, Elsevier, vol. 69(11), pages 2127-2139, September.
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    Citations

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    Cited by:
    1. Michael Kaplowitz & Frank Lupi & Oscar Arreola, 2012. "Local Markets for Payments for Environmental Services: Can Small Rural Communities Self-Finance Watershed Protection?," Water Resources Management, Springer, vol. 26(13), pages 3689-3704, October.
    2. Leander Raes & Nikolay Aguirre & Marijke D’Haese & Guido Huylenbroeck, 2014. "Analysis of the cost-effectiveness for ecosystem service provision and rural income generation: a comparison of three different programs in Southern Ecuador," Environment, Development and Sustainability, Springer, vol. 16(3), pages 471-498, June.
    3. Robert Fish & Michael Winter & Matt Lobley, 2014. "Sustainable intensification and ecosystem services: new directions in agricultural governance," Policy Sciences, Springer, vol. 47(1), pages 51-67, March.
    4. Rico García-Amado, Luis & Ruiz Pérez, Manuel & Barrasa García, Sara, 2013. "Motivation for conservation: Assessing integrated conservation and development projects and payments for environmental services in La Sepultura Biosphere Reserve, Chiapas, Mexico," Ecological Economics, Elsevier, vol. 89(C), pages 92-100.
    5. Farley, Josh & Aquino, André & Daniels, Amy & Moulaert, Azur & Lee, Dan & Krause, Abby, 2010. "Global mechanisms for sustaining and enhancing PES schemes," Ecological Economics, Elsevier, vol. 69(11), pages 2075-2084, September.
    6. Marangon, Francesco & Troiano, Stefania, 2. "New tools for THE EU agricultural sector and rural areas. What role for public policy in promoting Payments for Ecosystem Services?," Politica Agricola Internazionale - International Agricultural Policy, Edizioni L’Informatore Agrario, issue 2.
    7. Polishchuk, Yuliana & Rauschmayer, Felix, 2011. "Ecosystem effects on well-being: More than just "benefits"? Looking at ecosystem services through the capability approach," UFZ Discussion Papers 6/2011, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    8. David E. Ervin & Leland L. Glenna & Raymond A. Jussaume, 2011. "The Theory and Practice of Genetically Engineered Crops and Agricultural Sustainability," Sustainability, MDPI, Open Access Journal, vol. 3(6), pages 847-874, June.
    9. Coria, Jessica & Robinson, Elizabeth & Smith, Henrik G. & Sterner, Thomas, 2012. "Biodiversity Conservation and Ecosystem Services Provision: Tale of Confused Objectives, Multiple Market Failures and Policy Challenges," Working Papers in Economics 546, University of Gothenburg, Department of Economics.
    10. Dina Rizio & Geremia Gios, 2014. "A Sustainable Tourism Paradigm: Opportunities and Limits for Forest Landscape Planning," Sustainability, MDPI, Open Access Journal, vol. 6(4), pages 2379-2391, April.
    11. Harvey, David R. & Jambor, Attila, 2011. "What role for public goods in the future of CAP?," 85th Annual Conference, April 18-20, 2011, Warwick University, Coventry, UK 108957, Agricultural Economics Society.
    12. Claudia Kettner & Angela Köppl & Sigrid Stagl, 2014. "Towards an operational measurement of socio-ecological performance," WWWforEurope Working Papers series 52, WWWforEurope.
    13. Giovanni Lagioia & Annarita Paiano, 2011. "Payments for Environmental Services: Ambitious Tools for the Sustainable Use of Natural Capital," MIC 2011: Managing Sustainability? Proceedings of the 12th International Conference, Portorož, 23–26 November 2011 [Selected Papers], University of Primorska, Faculty of Management Koper.

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