Engel, StefaniePagiola, StefanoWunder, Sven2016-04-192016-04-192008Ecological Economics 65(4): 663-6740921-8009http://hdl.handle.net/10919/67549Metadata only recordThis article provides an introduction to the Special Issue of Ecological Economics on Payments for Environmental Services (PES). The definition and purpose of PES provides a foundation to discuss key factors in the design and implementation of PES schemes. The authors also compare PES to other policy instruments and assess the effectiveness and distributional impacts of PES schemes.text/plainen-USIn CopyrightEnvironmental servicesPayments for environmental servicesProgram planningConservationConservation incentivesPESIncentive mechanismsBuyersSellersPolicyAbstractCopyright 2008 Elsevier B.V. All rights reserved.https://doi.org/10.1016/j.ecolecon.2008.03.011