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3357

Payments for Environmental Services

Stefano Pagiola and Gunars Platais

The valuable environmental services provided by natural ecosystems are too often lost as a result of mismanagement and lack of incentives to preserve them. Helping countries find innovative solutions to such problems–which intersect with livelihood, vulnerability, and health issues–is a key element of the World Bank's Environment Strategy. The Bank's innovative work on payment for environmental services (PES) is an example of these efforts.

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