For Services Rendered: The current status and future potential of markets for the ecosystem services provided by tropical forests
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This study explains the types of ecosystem markets already in place and their characteristics, before identifying three important strategic issues to be considered in policy-making: the recognition of property rights and development of national legal frameworks, the design of market schemes to provide equal access to low income stakeholders, and the need to reduce transaction costs and financial risks. Finally, the study defines knowledge gaps related to market instruments, legal and regulatory frameworks, practical data on costs, and capacity building.
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Making environmental markets work: Lessons from early experience with sulfur, carbon, wetlands, and other related markets Bayon, R.Ever since the passage of the 1990 amendments to the US Clean Air act and the creation of a market in sulfur dioxide (SO2), it has become clear that market mechanisms can be effectively used to achieve environmental policies. ...
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