Payment for and Management of Ecosystem Services : Issues and Options in the Nordic Context

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Payment for and Management of Ecosystem Services : Issues and Options in the Nordic Context
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Series:
Nordic Council of Ministers
Author(s):
Kirsten Grønvik Bråten, Henrik Lindhjem, and Marianne Zandersen
Publisher:
Nordic Council of Ministers
Published Date:
June 2009
ISBN:
9789289319324
ISSN:
0908-6692
Page:
124
Payment for ecosystem services (PES) is a type of environmental policy instrument that gives the owner of a natural resource direct incentives to manage it in society's best interest. The report provides an overview of current theory and experiences from the use of PES. Several examples of PES already exist in the Nordic countries, most of which aim to preserve biodiversity or reduce nutrient runoff. The report shows that there is scope both to improve and expand the use of PES in the Nordic countries. Targeted and differentiated payments, for example by using competitive tendering where land owners have to reveal their compensation levels and ecosystem services they can offer, is a promising approach. The use of PES may also be expanded, for example into areas where regulation traditionally is perceived as very negative by land owners, or used in combination with existing regulation. The report was commissioned by the Working Group on Environment and Economics under the Nordic Council of Ministers
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