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Recently in Vietnam, a coalition of international NGOs, donors and government officials have been promoting market-based forest conservation projects in the form of payments for environmental services (PES) as a win–win for both conservation and development objectives; Vietnam is now the first country in Southeast Asia with a national law on PES. This article provides a macro survey of how market-based...
This article looks into the scope and equity implications of applying payments for environmental services (PES) as a REDD implementation mechanism in the Brazilian Amazon. We establish a set of economic and institutional preconditions for PES to become a feasible and cost-effective conservation mechanism. We proceed with a macro-scale spatial analysis and overlay of opportunity costs, deforestation...
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