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1 year ago in Ecology , Environmental Policy By Manpreet Jaiswal
Are there papers linking Payment for Ecosystem Services (PES) to the Green Economy?
My research is on economic incentives for conservation. The Green Economy paradigm calls for valuing natural capital, and PES schemes directly put a price on services like water filtration or carbon sequestration. I'm looking for scholarly perspectives on how PES is theorized as a mechanism to operationalize Green Economy principles, particularly in developing economies.
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By Veena Answered 1 year ago
Absolutely. In my policy advisory work, I frame PES as a concrete, transactional tool to advance the Green Economy's core principle of "making nature visible" in economic decision-making. A well-designed PES scheme is a prototype green market: it identifies sellers (land stewards), buyers (water utilities, governments), and a traded commodity (clean water, biodiversity). The linkage is strongest when PES programs are designed with clear additionality and conditionality, ensuring the payment directly generates a measurable ecological service. I've seen this model successfully redirect capital toward sustainable land use, making it a practical pillar for a green economic transition, especially where formal regulatory frameworks are weak.
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