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… strategy of command and control, and the use of economic or market-based instruments. The traditional … the co-funding provided by the German Federal Ministry for Economic Cooperation and Development (BMZ) and the UNDP GEF … The content of PES provisions depends on the type of legal instrument as well as the level where such provisions are …

… to its capacity to provide a unifying language between the economic, business and environmental communities; as … This offers a strategic opportunity to further engage economic policy makers and the private sector in conservation … when and where PES should be used as a conservation instrument. � Wunder, S. 2007. The Efficiency of Payments for …

… the 1970s that the term was employed in an international instrument – the 1972 Declaration of the United Nations … a need to understand and manage the ecosystem in an economic context. Any such ecosystem- management program … resources demands a holistic approach, linking social and economic development with protection of natural ecosystems. …

… for investment through valuation of watershed services The economic valuation of watershed services can be used to raise … the objectives should be clearly stated and the potential economic, social, health and environmental impacts should be … registration and administration of tenure rights is an instrument for clarifying rights among stakeholders. Define …