Buying and Selling the Environment
How to Design and Implement a PES Scheme

Provides rigor and grounding in economic theory and analysis to ensure the success of PES schemes

Gabriela Scheufele (Author), Jeff Bennett (Author)

9780128166963

Paperback, published 11 July 2019

218 pages
23.4 x 19 x 1.5 cm, 0.43 kg

Buying and Selling the Environment: How to Design and Implement a PES Scheme provides a guide to the design and implementation of PES schemes that ‘mimic’ market processes, including three key elements: the estimation of the demand for environmental services, an understanding of the costs of supply, and how to predict the productivity of actions taken. This book will act as an instructional manual for practitioners, policymakers and their advisors in government and non-government organizations. Users will find a step-by-step demonstration based on firsthand experiences gained through a PES application at two case study sites. Finally, the book presents research in applied economics and bio-physical modeling.

1. Getting Started2. Context3. Linking Inputs with Outputs4. Demand: What Buyers Want5. Supply: What Sellers Want6. Making the "Market": Bringing Buyers and Sellers Together7. Sealing the Deal8. How Did It Go?9. Where To from Here?

Subject Areas: The environment [RN], Environmental economics [KCN]