This book addresses the ability of market-based instruments to improve the sustainable provision of environmental services. The author combines field research and insights from the multi-stakeholder dialogue at the FAO to analyze the gap between the predictions provided by theory and the corresponding outcomes in practice. In particular, the author challenges the theory behind Payments for Environmental Services (PES), a concept derived from neoclassical welfare economics, by demonstrating that PES projects often lack financial sustainability unless local entrepreneurs make use of the...

Welche Rolle spielt die Moral fur unser wirtschaftliches Handeln und uberhaupt in der Wirtschaft? Steht sie uns vielleicht sogar im Weg? Durch Finanz- und Wirtschaftskrisen ist das Misstrauen zwischen Wirtschaft und Gesellschaft weiter gestiegen. In Anbetracht dessen stellen die Herausgeber dieses Bandes die Frage, ob wir eine neue Wirtschaftsethik brauchen: eine Wirtschaftsethik, die den in der Wirtschaft tatigen Menschen eine wirkliche Orientierung gibt, statt sie dem Dilemma von leerem Moralismus und praktischen Zwangen der okonomischen Welt zu uberlassen; eine Wirtschaftsethik, die dem...

This book addresses the ability of market-based instruments to improve the sustainable provision of environmental services. The author combines field research and insights from the multi-stakeholder dialogue at the FAO to analyze the gap between the predictions provided by theory and the corresponding outcomes in practice. In particular, the author challenges the theory behind Payments for Environmental Services (PES), a concept derived from neoclassical welfare economics, by demonstrating that PES projects often lack financial sustainability unless local entrepreneurs make use of the...