In recent years, development policy has responded to an increasing concern about natural resource degradation by setting up innovative payment for environmental services (PES) programs in developing countries. PES programs use market and institutional incentives in order to meet both...

Paying for the provision of environmental services is a recent policy innovation that is attracting much attention in both developed and developing countries. The innovation involves a move away from command and control environmental policies, harnessing market forces to obtain more efficient...

The impact of payment for environmental services (PES) on poverty varies. Generally, PES is good for landowners and may negatively affect consumers if food demand is inelastic. Impacts also depend on the correlation between poverty and environmental amenities. If the richer farmers also provide...

This book turns attention towards the role of environmental services in agricultural landscapes as they provide a living for many poor in developing countries. It is one of the first books to focus on the effects of payment for PES programs on the rural poor.

Chapter 1: Introduction -- Chapter 2: A Short History of the Evolution of the Climate Smart Agriculture Approach and its Links to Climate Change and Sustainable Agriculture Debates -- Chapter 3:Economics of Climate-Smart Agriculture -- Chapter 4: Innovation in Response to Climate Change --...

This paper develops an endogenous growth model which links pollution to ineffective input-use, which can be reduced through conservation capital investment. It derives the conditions under which individual preferences for environmental quality and private investment in conservation capital can...