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Selling Forest Environmental Services: Market-Based Mechanisms for Conservationby Stefano Pagiola
Synopses & Reviews
Forest destruction throughout the world poses significant risks. Not only are forests a source of valuable timber and non-timber products, but they also provide important environmental services that help sustain life on Earth. However, only rarely do beneficiaries pay for the services they receive, resulting in low incentives to conserve forests, and limiting opportunities for rural development. Market-based approaches are thought to offer considerable promise as a means to promote forest conservation, and as a new source of income for rural communities. However, it has proven difficult to translate the theory into practice. Based on extensive research and case studies of markets for biodiversity conservation, watershed protection and carbon sequestration, this book demonstrates how payment systems can be established in practice, their effectiveness and their implications for the poor. This state-of-the-art review of emerging markets for forest environmental services will be vital for decision-makers and professionals as well as for researchers, teachers and students of environmental economics and forestry.
Book News Annotation:
Two environmental economists with the International Institute for Environment and Development and Pagiola (environmental economics, World Bank) are the editors and among the authors of this collection of 15 essays. The papers present case studies of the application of market-based mechanisms for watershed management, biodiversity, forest carbon, and other resources, in countries that include the US, Canada, Australia, India, Costa Rica, Ecuador, Chile, Panama, and Brazil. Distributed by Stylus.
Annotation c. Book News, Inc., Portland, OR (booknews.com)
Although forests provide important environmental services that help sustain life on earth, very rarely do beneficiaries pay for the services they receive. This book demonstrates how payment systems can be established in practice.
The risks posed by forest destruction throughout the world are highly significant for all. Not only are forests a critical source of timber and non-timber forest products, but they provide environmental services that are the basis of life on Earth. However, only rarely do beneficiaries pay for the goods and services they experience, and there are severe consequences as a result for the poor and for the forests themselves. It has proved difficult to translate the theory of market-based approaches into practice. Based on extensive research and case studies of biodiversity conservation, watershed protected and carbon sequestration, this book demonstrates how payment systems can be established in practice, their effectiveness and their implications for the poor.
Table of Contents
Market-based mechanisms for forest conservation and development / Stefano Pagiola, Natasha Landell-Mills, and Joshua Bishop — Forest environmental services : an overview / Joshua Bishop and Natasha Landell-Mills — Paying for water services in Central America : learning from Costa Rica / Stefano Pagiola — Sharing the benefits of watershed management in Sukhomajri, India / John Kerr — Paying to protect watershed services : wetland banking in the United States / J Salzman and JB Ruhl — Financing watershed conservation : the FONAG water fund in Quito, Ecuador / Marta Echavarria --Selling biodiversity in a coffee cup : shade-grown coffee and conservation in Mesoamerica / Stefano Pagiola and Ina-Marlene Ruthenberg — Conserving land privately : spontaneous markets for land conservation in Chile / Elisa Corcuera, Claudia Sepâulveda, and Guillermo Geisse — Linking biodiversity prospecting and forest conservation / Sarah A. Laird and Kerry ten Kate — Using fiscal instruments to encourage conservation : municipal responses to the 'ecological' value-added tax in Paranâa and Minas Gerais, Brazil / Peter H May ... et al. — Developing a market for forest carbon in British Columbia / Gary Bull, Zoe Harkin, and Ann Wong — Helping indigenous farmers to participate in the international market for carbon services : the case of Scolel Tâe / Richard Tipper — Investing in the environmental services of Australian forests / David Brand — Insuring forest sinks / Phil Cottle and Charles Crosthwaite-Eyre — Making market-based mechanisms work for forests and people / Stefano Pagiola, Natasha Landell-Mills, and Joshua Bishop.
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