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Keywords: Payments for Environmental Services
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Journal Articles
International Review of Environmental and Resource Economics (2016) 9 (1-2): 131–177.
Published: 13 July 2016
...Stefanie Engel Payments for environmental services (PES) have become a popular approach to address environmental degradation. However, evidence on its effectiveness is scarce and rather mixed. PES is not a panacea, but there are many cases where PES can be a promising tool. Yet, poor PES design...
