Nicholas Institute for Energy, Environment & Sustainability logo

We've got a new name! Read the announcement. (A new website is under development.)

Nicholas Institute for Environmental Policy Solutions
March 2015

Get the Science Right When Paying for Nature's Services

Authors
Type
Get the Science Right When Paying for Nature's Services
Publisher

Payments for Ecosystem Services mechanisms leverage economic and social incentives to shape how people influence natural processes and achieve conservation and sustainability goals. Beneficiaries of nature's goods and services pay owners or stewards of ecosystems that produce those services, with payments contingent on service provision. Integrating scientific knowledge and methods into Payments for Ecosystem Services is critical. Yet many projects are based on weak scientific foundations, and effectiveness is rarely evaluated with the rigor necessary for scaling up and understanding the importance of these approaches as policy instruments and conservation tools. Part of the problem is the lack of simple, yet rigorous, scientific principles and guidelines to accommodate Payments for Ecosystem Services design and guide research and analyses that foster evaluations of effectiveness. The Nicholas Institute's Lydia Olander, along with other scientists and practitioners from government, nongovernment, academic, and finance institutions, propose a set of such guidelines and principles in a new Science article.