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The Sustainable Provision of Environmental Services

From Regulation to Innovation

The Sustainable Provision of Environmental Services by Philipp Aerni
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This book addresses the ability of market-based instruments to improve the sustainable provision of environmental services. The author combines field research and insights from the multi-stakeholder dialogue at the FAO to analyze the gap between the predictions provided by theory and the corresponding outcomes in practice. In particular, the author challenges the theory behind Payments for Environmental Services (PES), a concept derived from neoclassical welfare economics, by demonstrating that PES projects often lack financial sustainability unless local entrepreneurs make use of the resulting new networks to create innovative markets for environmental goods. The author calls for a shift of focus from regulation to innovation in projects and policies designed to improve the provision of environmental services. Its spotlight on the positive social impacts of companies that engage in hybrid PES schemes will make the book appealing to practitioners and policymakers alike.

Springer International Publishing; July 2015
159 pages; ISBN 9783319193458
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Title: The Sustainable Provision of Environmental Services
Author: Philipp Aerni
 
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