IDEAS home Printed from https://ideas.repec.org/a/eee/ecoser/v9y2014icp106-114.html
   My bibliography  Save this article

Classifying market-based instruments for ecosystem services: A guide to the literature jungle

Author

Listed:
  • Pirard, Romain
  • Lapeyre, Renaud

Abstract

The definition and underpinning economic theory of market-based instruments (MBIs) for ecosystem services (ES) are yet unsettled matters. A refinement of their scope and a careful use of terms might facilitate communication among stakeholders and policy-makers. This article thus answers the research question: “How are MBIs for ecosystem services defined, reflected and assessed?†.

Suggested Citation

  • Pirard, Romain & Lapeyre, Renaud, 2014. "Classifying market-based instruments for ecosystem services: A guide to the literature jungle," Ecosystem Services, Elsevier, vol. 9(C), pages 106-114.
    • Handle: RePEc:eee:ecoser:v:9:y:2014:i:c:p:106-114
    DOI: 10.1016/j.ecoser.2014.06.005
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2212041614000631
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecoser.2014.06.005?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Gustafsson, Bo, 1998. "Scope and limits of the market mechanism in environmental management," Ecological Economics, Elsevier, vol. 24(2-3), pages 259-274, February.
    2. 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.
    3. Reeson, Andrew F. & Rodriguez, Luis C. & Whitten, Stuart M. & Williams, Kristen & Nolles, Karel & Windle, Jill & Rolfe, John, 2011. "Adapting auctions for the provision of ecosystem services at the landscape scale," Ecological Economics, Elsevier, vol. 70(9), pages 1621-1627, July.
    4. Lowell, Kim & Drohan, Jon & Hajek, Charles & Beverly, Craig & Lee, Mark, 2007. "A science-driven market-based instrument for determining the cost of environmental services: A comparison of two catchments in Australia," Ecological Economics, Elsevier, vol. 64(1), pages 61-69, October.
    5. Perfecto, Ivette & Vandermeer, John & Mas, Alex & Pinto, Lorena Soto, 2005. "Biodiversity, yield, and shade coffee certification," Ecological Economics, Elsevier, vol. 54(4), pages 435-446, September.
    6. Rolfe, John & Windle, Jill, 2011. "Using auction mechanisms to reveal costs for water quality improvements in Great Barrier Reef catchments in Australia," Agricultural Water Management, Elsevier, vol. 98(4), pages 493-501, February.
    7. Hongli Feng & Catherine L. Kling & Lyubov A. Kurkalova & Silvia Secchi & Philip W. Gassman, 2005. "The Conservation Reserve Program in the Presence of a Working Land Alternative: Implications for Environmental Quality, Program Participation, and Income Transfer," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(5), pages 1231-1238.
    8. Irmi Seidl & Oliver Schelske & Jasmin Joshi & Markus Jenny, 2003. "Entrepreneurship in biodiversity conservation and regional development," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 15(4), pages 333-350, October.
    9. Subhrendu K. Pattanayak & Sven Wunder & Paul J. Ferraro, 2010. "Show Me the Money: Do Payments Supply Environmental Services in Developing Countries?," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 4(2), pages 254-274, Summer.
    10. Lourival, Reinaldo & Caleman, Silvia Morales de Queiroz & Villar, Gabriela Isla Martins & Ribeiro, Ana Raquel & Elkin, Ché, 2008. "Getting fourteen for the price of one! Understanding the factors that influence land value and how they affect biodiversity conservation in central Brazil," Ecological Economics, Elsevier, vol. 67(1), pages 20-31, August.
    11. Lybbert, Travis J. & Barrett, Christopher B. & Narjisse, Hamid, 2002. "Market-based conservation and local benefits: the case of argan oil in Morocco," Ecological Economics, Elsevier, vol. 41(1), pages 125-144, April.
    12. Paul Ferraro & Toshihiro Uchida & Jon Conrad, 2005. "Price Premiums for Eco-friendly Commodities: Are ‘Green’ Markets the Best Way to Protect Endangered Ecosystems?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 32(3), pages 419-438, November.
    13. Mark Eigenraam & Loris Strappazzon & Nicola Lansdell & Craig Beverly & Gary Stoneham, 2007. "Designing frameworks to deliver unknown information to support market‐based instruments," Agricultural Economics, International Association of Agricultural Economists, vol. 37(s1), pages 261-269, December.
    14. Bennett, Michael T. & Mehta, Aashish & Xu, Jintao, 2011. "Incomplete property rights, exposure to markets and the provision of environmental services in China," China Economic Review, Elsevier, vol. 22(4), pages 485-498.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rolfe, John & Whitten, Stuart & Windle, Jill, 2017. "The Australian experience in using tenders for conservation," Land Use Policy, Elsevier, vol. 63(C), pages 611-620.
    2. Schomers, Sarah & Matzdorf, Bettina, 2013. "Payments for ecosystem services: A review and comparison of developing and industrialized countries," Ecosystem Services, Elsevier, vol. 6(C), pages 16-30.
    3. Frans P. Vries & Nick Hanley, 2016. "Incentive-Based Policy Design for Pollution Control and Biodiversity Conservation: A Review," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(4), pages 687-702, April.
    4. Jennifer M. Alix-Garcia & Elizabeth N. Shapiro & Katharine R. E. Sims, 2012. "Forest Conservation and Slippage: Evidence from Mexico’s National Payments for Ecosystem Services Program," Land Economics, University of Wisconsin Press, vol. 88(4), pages 613-638.
    5. Kosoy, Nicolás & Corbera, Esteve, 2010. "Payments for ecosystem services as commodity fetishism," Ecological Economics, Elsevier, vol. 69(6), pages 1228-1236, April.
    6. Beichen Ge & Congjin Wang & Yuhong Song, 2023. "Ecosystem Services Research in Rural Areas: A Systematic Review Based on Bibliometric Analysis," Sustainability, MDPI, vol. 15(6), pages 1-18, March.
    7. Cranford, Matthew & Mourato, Susana, 2014. "Credit-Based Payments for Ecosystem Services: Evidence from a Choice Experiment in Ecuador," World Development, Elsevier, vol. 64(C), pages 503-520.
    8. Pham, Thu Thuy & Loft, Lasse & Bennett, Karen & Phuong, Vu Tan & Dung, Le Ngoc & Brunner, Jake, 2015. "Monitoring and evaluation of Payment for Forest Environmental Services in Vietnam: From myth to reality," Ecosystem Services, Elsevier, vol. 16(C), pages 220-229.
    9. Mangubhai, Sangeeta & Sykes, Helen & Manley, Marita & Vukikomoala, Kiji & Beattie, Madeline, 2020. "Contributions of tourism-based Marine Conservation Agreements to natural resource management in Fiji," Ecological Economics, Elsevier, vol. 171(C).
    10. Kathleen McAfee, 2012. "The Contradictory Logic of Global Ecosystem Services Markets," Development and Change, International Institute of Social Studies, vol. 43(1), pages 105-131, January.
    11. Grillos, Tara & Bottazzi, Patrick & Crespo, David & Asquith, Nigel & Jones, Julia P.G., 2019. "In-kind conservation payments crowd in environmental values and increase support for government intervention: A randomized trial in Bolivia," Ecological Economics, Elsevier, vol. 166(C), pages 1-1.
    12. Van Hecken, Gert & Bastiaensen, Johan & Vásquez, William F., 2012. "The viability of local payments for watershed services: Empirical evidence from Matiguás, Nicaragua," Ecological Economics, Elsevier, vol. 74(C), pages 169-176.
    13. Saint-Cyr, Legrand D.F. & Védrine, Lionel & Legras, Sophie & Le Gallo, Julie & Bellassen, Valentin, 2023. "Drivers of PES effectiveness: Some evidence from a quantitative meta-analysis," Ecological Economics, Elsevier, vol. 210(C).
    14. Aguilar-Gómez, Carlos R. & Arteaga-Reyes, Tizbe T. & Gómez-Demetrio, William & à vila-Akerberg, Víctor D. & Pérez-Campuzano, Enrique, 2020. "Differentiated payments for environmental services: A review of the literature," Ecosystem Services, Elsevier, vol. 44(C).
    15. Zanella, Matheus A. & Schleyer, Christian & Speelman, Stijn, 2014. "Why do farmers join Payments for Ecosystem Services (PES) schemes? An Assessment of PES water scheme participation in Brazil," Ecological Economics, Elsevier, vol. 105(C), pages 166-176.
    16. Susan Stratton Sayre, 2019. "Pay for the Option to Pay? The Impact of Improved Scientific Information on Payments for Ecosystem Services," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(2), pages 591-625, June.
    17. Authelet, Manon & Subervie, Julie & Meyfroidt, Patrick & Asquith, Nigel & Ezzine-de-Blas, Driss, 2021. "Economic, pro-social and pro-environmental factors influencing participation in an incentive-based conservation program in Bolivia," World Development, Elsevier, vol. 145(C).
    18. Hao Wang & Sander Meijerink & Erwin van der Krabben, 2020. "Institutional Design and Performance of Markets for Watershed Ecosystem Services: A Systematic Literature Review," Sustainability, MDPI, vol. 12(16), pages 1-26, August.
    19. Campanhão, Ligia Maria Barrios & Ranieri, Victor Eduardo Lima, 2019. "Guideline framework for effective targeting of payments for watershed services," Forest Policy and Economics, Elsevier, vol. 104(C), pages 93-109.
    20. Wunder, Sven, 2015. "Revisiting the concept of payments for environmental services," Ecological Economics, Elsevier, vol. 117(C), pages 234-243.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecoser:v:9:y:2014:i:c:p:106-114. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/ecosystem-services .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.