Lessons from Applying Market-Based Incentives in Watershed Management
Watershed management is a complex activity with constraints on funding and human
resources in many parts of the world, and there is a need for global effort to identify
strategies that can work. To complement regulatory approaches, attention is now also being
given to market-based incentives because of their potential cost-effectiveness. This study
seeks to provide impetus to the use of the most successful market-based incentives to
promote sustainable watershed practices through strengthening and increasing direct participation