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Payment for Ecosystem Services

Pushpam Kumar (Editor) Roldan Muradian (Editor)
Synopsis Ecosystems provide services that sustain, strengthen and enrich various constituents of human well-being. The unique feature of most of these services is that they are unaccounted and unpriced, and therefore remain outside the domain of the market. For this reason, the use of innovative instruments for the management and measurement of transactions between provider and beneficiaries of environmental services--known as payment for ecosystem services (PES)--has become a promising response option. In this volume, leading experts from the field of ecological economics address a wide range of issues dealing with the valuation of ecosystem services--a key to PES--and major challenges to PES schemes. They also explore payment options for rural development worldwide, implications for the long-run sustainability of the arrangement, and synthesis of major knowledge gaps in the field. A special feature of this book is the many case studies from developing economies like India, Nepal, China and countries from Africa and Latin America. Also included are case studies from Australia and other developed countries where PES models have been successfully designed and executed for carbon emission, watershed services, genetic material and nutrients cycling. One of the first in its field, this volume will be useful to teachers and postgraduate students of environmental sciences and management, environment economists, policymakers, researchers and conservation managers.
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About the author

Pushpam Kumar

Pushpam Kumar, Reader at the Institute of Economic Growth, holds a Ph.D. in Environmental Economics from the Delhi University. He has taught Master’s level students in the Department of Business Economics, Delhi University for several years. He is the Member Secretary to the World Bank constituted Environmental Economics Training committee for Practicing Economists and Non-Economists (EETCPN) of the ‘World Bank Aided India Environmental Management Capacity Building Technical Assistance Project in Environmental Economics’. He is involved in many international collaborative research projects and currently he is Coordinator of Responses Working Group of the Millennium Ecosystem Assessment (MEA). His research interests include valuation and accounting of ecosystem services, bioprospecting and corporate social responsibility. His earlier book was Linkages of Environmental Economics and Sustainable Development: Some Issues in Modelling, Accounting and Valuation, Manak Publications, Delhi.

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Bibliographic information

Title Payment for Ecosystem Services
Format Hardcover
Date published: 05.03.2009
Edition 1st ed.
Language: English
isbn 0195698746
length xvi+308p., Tables; Figures; Maps