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… of costs among involved private parties. A cap- and-trade scheme establishes a cap for water abstraction or … of land cover or manage- ment with desirable ones. Trade-offs are inevitable. These may be between watershed … or management. A useful step to support identification of trade- offs is to describe the various services available …

… sustainable development, the growth debate, international trade, dynamic processes, behaviour, and policy. Natural … management of the environment will inevitably involve trade-offs among the different land-use types, each of which … functioning, and ecosystem services. The consideration of trade-offs is central to the valuation of ES. It also …

… of possible PES schemes – private PES schemes, cap and trade schemes and public PES schemes – need to be … land which are separated from property rights. – Cap and Trade • Cap and trade schemes Establish a cap (an aggregate maximum amount) …

… [1] Among others, the 1973 Convention on International Trade of Endangered Species (CITES), the 1974 Convention for …