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Re: Payments for environmental services (PES) in theory and practice: Lessons learned and way forward

Dr. Rao Matta FAO, Italy

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).