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.
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