... on the lessons from the GFC, the paper underscores the importance of proper policy design, more realistic recognition of the potential trade-offs between economic, environmental and social objectives, and of building in impact evaluation mechanisms into green stimulus measures. The paper also highlights...

... for Environmental Services Ecosystem Services PES Policy Design H23 Q20 Q50 Q57 Q58 Payments for environmental services (PES) have become a popular approach to address environmental degradation. While rigorous impact assessments of conservation policies are scarce (Baylis et al., 2016), the few...

... post costs of administrating, monitoring, and enforcing them. The framework is used to organize a literature review which addresses policy design and instrument choice, as well as optimal environmental policy-making and benefit-cost analysis. The review also considers the empirical literature...

... of multifunctional production, it is concluded that jointness in production is at the core of the multifunctionality problem and that scale issues may be highly important. A large share of the paper considers the policy design literature. It is shown i.a. that the level of transaction costs has...