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Title | Payment for environmental services | Author | Bhaskar Singh Karky and Laxman Joshi | Year | 2009 | Parent Title | Water storage: a strategy for climate change adaptation in the Himalayas | Publisher | International Center for Integrated Mountain Development (ICIMOD) | City of Publication | Kathmandu, Nepal | Volume | 56 | Pages | 31-33 | Call Number | PP0285-10 | |
Abstract: |
Payment for environmental services (PES) is an emerging paradigm in the management
of environmental resources. Rather than governments relying on regulatory instruments such as prohibitions and standards, PES relies on adopting innovative mechanisms that are tied to incentives, and are fl exible, voluntary, and contextualise the socioeconomic reality. The basic rationale of PES is to provide incentives and benefi ts for people agreeing to utilise ecosystems in ways that protect or enhance |
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GRP 6: Developing policies and incentives for multifunctional landscapes with trees that provide environmental services
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