Academic Press Buying and Selling the Environment: How to Design and Implement a PES Scheme

Buying and Selling the Environment: How to Design and Implement a PES Scheme provides a guide to the design and implementation of PES schemes that 'mimic' market processes, including three key elements: the estimation of the demand for environmental services, an understanding of the costs of supply, and how to predict the productivity of actions taken. This book will act as an instructional manual for practitioners, policymakers and their advisors in government and non-government organizations. Users will find a step-by-step demonstration based on firsthand experiences gained through a PES application at two case study sites. Finally, the book presents research in applied economics and bio-physical modeling. Review Provides rigor and grounding in economic theory and analysis to ensure the success of PES schemes From the Back Cover Paying for the Environment provides a step-by-step demonstration of "payment for ecosystem services" schemes. Based on first-hand experiences, its includes two case studies that describe the processes of design, implementation, and assessment. About the Author Dr Gabriela Scheufele is a Visiting Research Fellow in the Crawford School of Public Policy at the Australian National University. Her current research is focused on designing and implementing a payments for environmental services (PES) scheme in Lao PDR. Her research interests include non-market valuation, conservation auctions, market-based instruments in environmental and natural resource management, and incorporating environmental and natural resource economics research into policy development. Prof Jeff Bennett is Professor in the Crawford School of Public Policy at the Australian National University. He is an international recognised environmental and resource economist who specialises in the analysis of the private sector in protecting the environment and the estimation of non-market benefits and costs.