The report, based on a complex analytical methodology, provides a clear economic rationale for investing in improved water resources development and management in Kenya. It is part of the World Bank's policy dialogue on water resources management reforms and investment planning in Kenya. It focuses on the economic implications of two key factors that make the economy and people of Kenya highly vulnerable the effects of climate variability and the steady degradation of the nation's water resources. The 1997-2000 El Nino-La Nina episodes cost the country Ksh 290 billion, about 14 percent of GDP...

This book provides a one-stop source of information on implementing Payment for Environmental Services(PES). PES addresses the problem of environmental degradation by compensating landowners/managers for the ecosystem services that their land provides through enabling the factoring of environmental services in the household production functions and decision-making. The book provides methods for economic valuation of environmental services, policies and institutions necessary to implement PES. Themes in this book are based on environmental services of watershed management, biodiversity...