Localizing demand and supply of environmental services: Interaction with property rights, collective action and the welfare of the poor

Payments for environmental services (PES) are increasingly discussed as appropriate mechanisms for matching the de mand for environmental services with the incentives of land users whose actions m odify the supply of those environmental services. While there has been considerable discussion of the institutional mechanisms for PES, relatively little attention has been given to the inter-relat ionships between PES institutions and other rural institutions. This paper presents and builds upon the proposition that both the function and welfare effects of PES institutions depend crucially on the co-institutions of collective action (CA) and property rights (PR).

Brent Swallow, Ruth Meinzen-Dick and Meine van Noordwijk
 

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