Payments and penalties in ecosystem services programs

Payment for ecosystem services (PES) program contracts include penalties for non-performance to ensure that these programs receive the environmental benefits they have been paying for. The standard penalty structure in PES programs requires participants to pay back all program payments received if t...

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Bibliographic Details
Main Authors: Kim, Y, Lichtenberg, E, Newburn, DA
Format: Journal article
Language:English
Published: Elsevier 2024