Realizing REDD+: what role for Payments for Environmental Services?



Filename: 2012_brief_no2_pes_tema1.pdf
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This brief presents a framework that can be used to assess the potential impact of Payments for Environmental Services (PES) schemes. Insights from this framework challenge claims to general cost-efficiency of PES, suggesting that impacts will depend greatly on the context in which PES is implemented. In light of this, the role that PES policies can play in realizing REDD+ is discussed.