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ailoviR2ometa
ailoviR2ometa ailoviR2ometa
  • 23-04-2016
  • Business
Answered

Discuss the advantages of PES policy compared to other instruments such as tax, subsidy and direct control.

Verified Answer :

andriansp andriansp
  • 03-05-2016

PES or Payments for Ecosystem Services has several advantage :

- It could raise awareness of the values of biodiversity and ecosystem
- opportunities for communities to access a new market
-  potential platform to integrate conservation and climate effort into a common policy framework
- Facilitates the transition from an economy of production to an economy of stewardship

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