Summary: ● A range of factors, including increased awareness of the pace of environmental decline, the limits of traditional approaches to environmental protection, and the significant benefits provided by healthy ecosystems, have stimulated worldwide interest in mobilizing wider support for conservation. ● Ecosystems and the valuable services they provide remain threatened in large part due to pervasive economic externalities (uncompensated third-party impacts) and the continued ‘invisibility’ of nature in much economic decision-making. ● Payments for ecosystem services (PES) attempt to correct such externalities by encouraging resource managers to provide ecosystem services through conditional payments from beneficiaries.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.