Environmental protection and poverty alleviation in the developing world are usually heralded as joint objectives. However, these two goals are often associated with different sectoral policy instruments. While so-called payments for environmental services (PES) are increasingly being promoted...

Environmental protection and poverty alleviation in the developing world are usually heralded as joint objectives. However, these two goals are often associated with different sectoral policy instruments. While so-called payments for environmental services (PES) are increasingly being promoted...

This paper addresses the relationship between equity and efficiency in PES schemes from a conceptual point of view. Emphasis is placed on the role of the institutional setting, social perceptions about economic fairness (or distributive justice of the payments), uncertainty and interactions...

This article provides an alternative and novel theoretical approach to the conceptualization and analysis of payments for environmental services (PES). We devote special emphasis to institutional and political economy issues, which have been somewhat neglected in the literature on PES. We argue...