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The payment for ecosystem services (PES) emerges as part of an arsenal of tools for innovative domestic financing for otherwise absent markets relating to natural resource management. Its traditional framework aspects of conditionality, voluntary transaction, at least one buyer and seller, and...
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discussing the most significant findings in the environment and development research stream, we will present how the roots of PES … their high adaptability to local conditions, PES are likely to become extremely important in next decades' environment …
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