Summary
Community-based Payments for Ecosystem Services (CB-PES) can significantly enhance economic outcomes for stakeholders and environmental benefits when implemented with incentive coordination. A study focusing on China's Wolong Nature Reserve demonstrates that CB-PES, through participatory intermediary governance, effectively deploys various incentive-coordinated techniques to improve local conservation efforts. The research combines theoretical modeling with empirical analysis, revealing the potential of CB-PES to sustain community support and optimize ecological benefits. However, designing such mechanisms remains challenging due to the need for coordinated conservation efforts to balance economic gains and environmental outcomes.
Citation
Sheng, J., & Wang, H. (2023). Community-based incentive coordination in payments for ecosystem services: China’s Wolong Nature Reserve. Journal of Environmental Planning and Management, 68(6), 1213–1237. https://doi.org/10.1080/09640568.2023.2285245