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Pay : Establishing payments for watershed services
… their detrimental effects on water availability. A ‘water tax’ is now being charged if such income-generating … of US$1 to 1.5 billion over 10 years was financed by a 9% tax increase on New York City water bills. In comparison, a … plan are entitled to an 80% reduction in local property tax. The City is also purchasing development rights for …
Payments for Ecosystem Services - Legal and Institutional Frameworks
… as ‘green’ funds, taxes, fees, lev- ies, tariffs or even tax exemptions, in order to ensure a continuous flow of … with a negative impact on ecosystem services from tax payments or providing outright subsidies for destructive … charges can provide sustainable sources of funding. A new tax, charge or fee might be introduced, or an already …