By providing the real-world examples and lessons, the book will
guide policy-makers and experts in their efforts in exploring and
applying these pathways and tools in the larger context of
development policies of nations and the pursuit of a sustainable
century.' - From the foreword by Achim Steiner United Nations
Under-Secretary-General and Executive Director, United Nations
Environment ProgrammeUsing a selection of authoritative and
original contributions, this timely book explores the uncertainty
surrounding the impact of decisions undertaken to manage ecosystem
services worldwide. Invariably, the policies designed and
implemented to manage forests, wetlands, and marine and coastal
environments often involve conflicts of interest between various
stakeholders. This has added an additional layer of complexity in
the context of developing countries where institutions and
governance are weak or absent. Economic valuation and the
subsequent design of innovative response tools such as payment for
ecosystem services (PES) have the potential to offer far greater
transparency. In the case of LDCs, the identification of suitable
institutions for executing these tools is also of vital importance.
With a strong policy focus, the contributors synthesize the
scientific approaches to PES, valuation, trade-offs, equity and the
institutional requirements to operationalize a credible concept of
economic value. The book also addresses the behavioral foundations
of creating the incentive design and response policies for
ecosystem management. This book will prove helpful to ecosystems
management researchers and postgraduate students of conservation
and development. Conservation managers, decision makers and
development practitioners will also find this resource both
interesting and beneficial to their work. Contributors: R.
Arriagada, I. Bateman, J. Blignaut, A.G. Drucker, A.K. Duraiappah,
T. Elmqvist, B. Fisher, J.M. Gowdy, K. Hylander, J. Krishnaswamy,
P. Kumar, R. Muradian, U. Narloch, I. Parker, U. Pascual, N.
Pazmino, C. Perrings, L.C. Rodriguez, A. Salman, I. Thiaw, R.K.
Turner, M. Tuvendal, S. Whitten
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