This resourceful book draws on several case studies to derive implications for the design of Payment for Environmental Services (PES) schemes that are very relevant to current climate change negotiations and the implementation of Reduced Emissions from Deforestation and forest Degradation (REDD)...

Tropical deforestation has been one of the most significant global environmental changes of recent decades and has spurned a substantial academic literature. Despite this, the most basic theoretical predictions — such as the role of income and population growth in driving forest changes —...