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We develop a conceptual framework elucidating the main determinants of the impact of Conditional Cash Transfer (CCT) and Payments for Environmental Services (PES) programs. Using a simple multi-agent model and evaluations of existing programs, we show that (1) the share of the population who would meet the program’s conditions in the absence of payments is a powerful predictor of program efficiency,...
The lack of incentive flows between local producers of global biodiversity-related ecosystem services and global service beneficiaries calls for a mechanism to avoid the under-provision of biodiversity services. Payments for ecosystem services (PES) are increasingly being implemented on the local and national scale. The issue of how PES can be upscaled to an international level is currently being...
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