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Payments for Ecosystem Services in Nicaragua

Do Market-based Approaches Work

Bibliographic Data

ID3884477
AuthorsGert Van Hecken (0000-0001-8496-3194, University of Antwerp), Johan Bastiaensen (0000-0002-1369-8570, University of Antwerp)
Year2010
Volume41
Issue3
Pages421-444
Publication date2010-05-01
Open AccessYes
TypeARTICLE
VenueDevelopment and Change (JOURNAL)
Journal identifiersISSN: 0012-155X • E-ISSN: 1467-7660
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1467-7660.2010.01644.x
OpenAlexW1890641167
LanguageEN
Citations received47
References cited29

The concept of Payments for Ecosystem Services (PES) is gaining increasing attention among scholars as well as conservation and development practitioners. The premises of this innovative conservation approach are appealing: private land users, usually poorly motivated to protect nature on their land, will do so if they receive payments from environmental service buyers which cover part of the land users' opportunity costs of developing the land. However, this article warns against an over-enthusiastic adoption of a one-sided market-based PES approach. Based on a field study of the Regional Integrated Silvopastoral Approaches to Ecosystem Management Project (RISEMP), one of the main PES pilot projects in Nicaragua, it suggests that a mixture of economic and non-economic factors motivated farmers to adopt the envisaged silvopastoral practices and that the actual role of PES is mistakenly understood as a simple matter of financial incentives. The authors argue that PES approaches should be understood as a part of a broader process of local institutional transformation rather than as a market-based alternative for allegedly ineffective government and/or community governance

Business · Corporate governance · Economics · Ecosystem · Ecosystem services · Environmental planning · Environmental resource management · Government (linguistics) · Incentive · Land use · Market economy · Natural resource economics · Payment · Payment for ecosystem services · Process (computing) · Public economics · Work (physics) · Conservation, Biodiversity, and Resource Management · Ecology · Economic and Environmental Valuation · Finance · Land Use and Ecosystem Services

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Citations per year2.94
Citation span2010 - 2025 (16)
Highly citedNo

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