Using PES to Implement REDD

Payments for Environmental Services (PES) are one of the instruments that countries might use to try to reduce deforestation, and hence receive payments for Reduced Emissions from Deforestation and forest Degradation (REDD). This paper discusses four aspects related to the use of PES as an instrument to implement an avoided deforestation program, based on a review of PES experiences in Latin America. First, the paper discusses the applicability of PES in the context of REDD. PES is only one of the instruments that can be used to reduce deforestation. Some types of deforestation problems may not be amenable to the use of PES, while others might be better addressed with other instruments. Second, the paper examines the evidence on the effectiveness of PES as a tool to reduce deforestation. Although it seems intuitive to think that paying for forest conservation would reduce deforestation, the available evidence from existing PES programs is mixed. Third, the paper discusses several welfare considerations arising from the possible use of PES as a tool to reduce deforestation. That REDD be implemented in ways that do not harm the welfare of forest-dependent peoples has been an important part of the debate.

Bibliographic Details

Main Author:	Pagiola, Stefano
Language:	English en_US
Published:	World Bank, Washington, DC 2011-01
Subjects:	AGRICULTURAL INTENSIFICATION, AGRICULTURAL LAND, AGRICULTURAL PRODUCTION, AGRICULTURE, AMAZON DEFORESTATION, AREA OF FOREST, ASYMMETRIC INFORMATION, BASIN FOREST, BIODIVERSITY, BIODIVERSITY CONSERVATION, BUSINESS AS USUAL SCENARIO, CARBON EMISSIONS, CARBON FINANCE, CARBON MARKETS, CARBON PRICES, CARBON SEQUESTRATION, CARBON SEQUESTRATION SERVICES, CLEAN DEVELOPMENT MECHANISM, CLIMATE, CLIMATE CHANGE MITIGATION, CO2, COASTAL PLAIN, COLLECTIVE ACTION, COLORS, COMPARATIVE ANALYSIS, COMPENSATION, CONSERVATION AREA, CONSERVATION AREAS, CONSERVATION BIOLOGY, COUNTRY'S FOREST AREA, DEFORESTATION, DEFORESTATION RATES, DEGRADATION OF FORESTS, DRIVERS OF DEFORESTATION, ECOLOGICAL ECONOMICS, ECONOMIC MODELS, ECONOMISTS, ECOSYSTEM, ECOSYSTEM SERVICES, EMISSIONS, EMISSIONS FROM DEFORESTATION, EMPIRICAL ANALYSIS, ENVIRONMENTAL, ENVIRONMENTAL DECISIONS, ENVIRONMENTAL ECONOMICS, ENVIRONMENTAL ECONOMIST, ENVIRONMENTAL EFFECTIVENESS, ENVIRONMENTAL SERVICE, ENVIRONMENTAL SERVICES, EQUILIBRIUM, EXPENDITURES, EXTERNALITY, FARMS, FOREST, FOREST AREA, FOREST AREAS, FOREST CARBON, FOREST CARBON STOCKS, FOREST CONSERVATION, FOREST COVER, FOREST DEGRADATION, FOREST ECOLOGY, FOREST FIRES, FOREST FUND, FOREST INVESTMENT, FOREST LOSS, FOREST MANAGEMENT, FOREST MANAGERS, FOREST PRODUCTS, FOREST PROTECTION, FOREST REGENERATION, FORESTRY, FORESTS, FRAMEWORK CONVENTION ON CLIMATE CHANGE, GHGS, GLOBAL CLIMATE CHANGE, GLOBAL ENVIRONMENT FACILITY, GOLD, GREENHOUSE, GREENHOUSE GASES, HETEROGENEITY, INTERNATIONAL FOREST CARBON, IRRIGATION, LABOR MARKETS, LAND ABANDONMENT, LAND DEGRADATION, LAND ECONOMICS, LAND TENURE, LAND USE, LAND USE PRACTICES, LAND USER, LAND USERS, LAND USES, LANDS, LANDSCAPE, LOGGING, LOW-CARBON, MANAGED FORESTS, NATURAL RESOURCE, NATURAL RESOURCE DEGRADATION, NATURAL RESOURCE MANAGEMENT, NATURAL RESOURCES, OPEN ACCESS, OPPORTUNITY COSTS, PARTNERSHIP, PASTURE, PERVERSE INCENTIVES, POPULATION GROWTH, POSITIVE EXTERNALITIES, PRESENT VALUE, PRODUCERS, PROPERTY RIGHTS, PUBLIC LANDS, RATES OF DEFORESTATION, REDUCING EMISSIONS, RESOURCE MANAGEMENT, SILVER, SUSTAINABLE DEVELOPMENT, SUSTAINABLE MANAGEMENT, SUSTAINABLE MANAGEMENT OF FORESTS, TIMBER, TIMBER FOREST PRODUCTS, TIMBER HARVESTING, TIMBER PRODUCTS, TOTAL EMISSIONS, TRADEOFFS, TRANSACTION COSTS, TREES, TROPICAL DEFORESTATION, TROPICAL FOREST, TROPICAL FOREST CONSERVATION, TROPICAL FORESTS, TROPICS, UNEP, WATERSHED, WELFARE EFFECTS, WILDLIFE,
Online Access:	http://documents.worldbank.org/curated/en/2011/01/19304438/using-payments-environmental-services-pes-implement-reduced-emissions-deforestation-forest-degradation-redd https://hdl.handle.net/10986/17892
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