From markets to payments to governance

From markets to payments to governance (Video)

Romain Pirard


Policy instruments have emerged in large numbers under the label of “market-based instruments” (MBIs) in the field of ecosystem services and biodiversity. Yet such a rapid growth has been at the expense of consistency in the use of terms and concepts. Watch CIFOR Senior Scientist Romain Pirard discuss the consequences of this from markets, to payments and governance, based on his work within the  INVALUABLE Project.

CIFOR - Pirard - PES 2

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On the same subject, see also the article Classifying market-based instruments for ecosystem services: A guide to the literature jungle, by Romain Pirard and Renaud Lapeyre (2014).