Selling Forest Environmental Services
Market-Based Mechanisms for Conservation and Development
Edited By Stefano Pagiola, Joshua Bishop and Natasha Landel-Mills
'A valuable contribution to the field of development and environmental studies.'
Development and Change
Paperback
August 2002 •
336 pages •
234 x 156mm •
ISBN 9781853838880
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.
'This book makes an invaluable contribution to advancing that debate and bringing sustainable forest one step closer.'
Richard McNally, Economics and Global Policy, WWF-UK
'The success stories laid out here... point to strategic directions that will carry us to a future that brings ecological, economic, and social approaches together and maintain forests in the landscape.
From the Forword by Michael Jenkins, Executive Director, Forest Trends
CONTENTS
List of Tables, Figures, and Boxes
Foreword
Acknowledgements
List of Contributors
Acronyms and Abbreviations
Market-based Mechanisms for Forest Conservation and Development
Forest Environmental Services: An Overview
Paying for Water Services in Central America: Learning from Costa Rica
Sharing the Benefits of Watershed Management in Sukhomajri, India
Paying to Protect Watershed Services: Wetland Banking in the United States
Financing Watershed Conservation: the FONAG Water Fund in Quito, Ecuador
Selling Biodiversity in a Coffee Cup: Shade-grown Coffee and Conservation in Mesoamerica
Conserving Land Privately: Spontaneous Markets for Land Conservation in Chile
Linking Biodiversity Prospecting and Forest Conservation
Using Fiscal Instruments to Encourage Conservation: Municipal Responses to the 'Ecological' Value-added Tax in Parana and Minas Geras, Brazil
Developing a Market for Forest Carbon in British Columbia
Helping Indigenous Farmers to Participate in the International Market for Carbon Services: The Case of Australian Forests
Insuring Forest Sinks
Making Market-based Mechanisms Work for Forests and People
Index
Stefano Pagiola is senior environmental economist in the Environment Department of the World Bank. Joshua Bishop is the director of the Environmental Economics Programme at the International Institute for Environment and Development (IIED). Natasha Landell-Mills is a research associate of the Environmental Programme at IIED.