The adoption of good practices for the economic valuation of environmental services (ES) has strong implications in the evaluation and design of a Payment for Environmental Services program.
Stated preference approaches, such as contingent valuation, focus mainly on the estimation of the mean or median willingness to pay (WTP) for an environmental good. Nevertheless, these two welfare measures may not be appropriate when there are social and political concerns associated with implementing a payment for environmental services (PES) scheme. In this paper the authors used a Bayesian estimation approach to estimate a quantile binary regression and the WTP distribution in the context of a contingent valuation PES application.
Ethiopia aims to build a green economy and to follow a growth path that fosters sustainable development. T hrough the development of its Climate-Resilient Green Economy (CRGE) strategy, which is based
There are many ways for city utility departments to get people to voluntarily reduce their water use during a time of drought and water shortages. Some are positive, ‘carrot’ approaches; others might
A team of behavioural economists has an important message for City of Cape Town’s water managers, who are currently implementing tight water restrictions after three years of drought in the region: if
This project will investigate the impact of mangrove forest on shrimps farming and on the risk of shrimp farming, and how changes in mangrove cover affects shrimp harvests. Besides, the project aims
This research project has the objective to compare the effect of three different approaches on communities’ cooperation behaviour in order to reduce illegal harvesting of wildlife resources. The
PORT ELIZABETH: As long as farmers and wildlife have vied for their share of the veld here in South Africa, there has been a conflict, as the inevitable presence of wild predators has resulted in…
This IPBES methodological assessment of scenarios and models of biodiversity and ecosystem services has been carried out by experts from all regions of the world, who have performed an in-depth analysis of a large body of knowledge, including about 1500 scientific publications.
This report provides findings based on the Costa Rican experiences that are beneficial for countries around the world implementing Payment for Ecosystem Services (PES) schemes. In this report, it is noted that from 2000 to 2010, over 5 million hectares of forest were lost per year globally, with the agricultural sector contributing to an estimated 80% of this loss. As forests are lost, the knock-on economic, environmental, and social benefits of ecosystem services provided by forests are lost as well (e.g.