I would like to follow up on Dr Shepherd’s comments on the current situation with PES in many countries and the need for a critical, analytical look at why they are failing to achieve the desired (intended) goals in the first place.
More importantly, the dominant belief that is currently driving the PES that a financial incentive mechanism can by itself address the resource degradation problem (ignoring the fundamental underlying social and ethical complexities or root causes).
Links and resources:
RPE/PES in the Agricultural and Food Sectors
Payment for Ecosystem Services and Food Security
Paying farmers for environmental services
FAO website on PES
Payments for environmental services - What role in sustainable agricultural development?
Climate Change Mitigation Finance for Smallholder Agriculture
Payment Schemes for Environmental Services in Watersheds
The new generation of watershed management programmes and projects
FAO's activities on watershed management and mountains