Asset-building schemes relating to Payments for Ecosystem Services (PES)A PES scheme is a transparent system for the additional provision of environmental services through conditional payments to voluntary providers (e.g., farmers or landowners) (Tacconi, 2012). See Wunder (2015) for an overview of de... More aim to restore an area’s environmental servicesare the services that humans render to each other to maintain or increase certain ecosystem services (Karsenty, 2013). Environmental services are a sub-group of ecosystem services that are characterised by externalities (FAO, 2007... More, for example (re)planting trees in a treeless, degraded landscape. Conservation-opportunity and protection costs aside, PES schemes may here also compensate the direct costs of establishing ES, often through investments within agricultural systems (Pagiola et al., 2004 cited by Wunder, 2005).
See also: Use-restricting schemesUse-restricting Payments for Ecosystem Services (PES) schemes reward providers for conservation, for capping resource extraction and land development, or for fully setting aside areas, such as for protected habitats. Here, landown... More
References
Wunder, S., 2005. Payments for Environmental Servicesare the services that humans render to each other to maintain or increase certain ecosystem services (Karsenty, 2013). Environmental services are a sub-group of ecosystem services that are characterised by externalities (FAO, 2007... More: Some Nuts and Bolts. CIFOR Occasional Paper No. 42. Centre for International Forestry Research: Bogor.