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The Sustainable Provision of Environmental Services : From Regulation to Innovation


Aerni, Philipp (2015). The Sustainable Provision of Environmental Services : From Regulation to Innovation. Cham: Springer International Publishing.

Abstract

This book addresses the ability of market-based instruments to improve the sustainable provision of environmental services. The author combines field research and insights from the multi-stakeholder dialogue at the FAO to analyze the gap between the predictions provided by theory and the corresponding outcomes in practice. In particular, the author challenges the theory behind Payments for Environmental Services (PES), a concept derived from neoclassical welfare economics, by demonstrating that PES projects often lack financial sustainability unless local entrepreneurs make use of the resulting new networks to create innovative markets for environmental goods. The author calls for a shift of focus from regulation to innovation in projects and policies designed to improve the provision of environmental services. Its spotlight on the positive social impacts of companies that engage in hybrid PES schemes will make the book appealing to practitioners and policymakers alike.

Abstract

This book addresses the ability of market-based instruments to improve the sustainable provision of environmental services. The author combines field research and insights from the multi-stakeholder dialogue at the FAO to analyze the gap between the predictions provided by theory and the corresponding outcomes in practice. In particular, the author challenges the theory behind Payments for Environmental Services (PES), a concept derived from neoclassical welfare economics, by demonstrating that PES projects often lack financial sustainability unless local entrepreneurs make use of the resulting new networks to create innovative markets for environmental goods. The author calls for a shift of focus from regulation to innovation in projects and policies designed to improve the provision of environmental services. Its spotlight on the positive social impacts of companies that engage in hybrid PES schemes will make the book appealing to practitioners and policymakers alike.

Citations

1 citation in ScopusĀ®

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Additional indexing

Item Type:Monograph
Communities & Collections:03 Faculty of Economics > Center for Corporate Responsibility and Sustainability
Dewey Decimal Classification:330 Economics
Language:English
Date:August 2015
Deposited On:29 Oct 2015 08:13
Last Modified:05 Apr 2016 19:23
Publisher:Springer International Publishing
Series Name:CSR, Sustainability, Ethics & Governance
Number of Pages:135
ISBN:978-3-319-19344-1
Publisher DOI:https://doi.org/10.1007/978-3-319-19345-8
Related URLs:http://www.ccrs.uzh.ch (Author)

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