3,865
Views
9
CrossRef citations to date
0
Altmetric
Research Article

Market-based instruments for ecosystem services: framework and case study in Lishui City, China

ORCID Icon, , ORCID Icon & ORCID Icon
Article: 1835445 | Received 01 Jan 2020, Accepted 06 Oct 2020, Published online: 23 Nov 2020

References

  • Alexandrovich, A. 2017. Achieving Better Outcomes in Local Government Stormwater Programs through Pay for Performance. New York: Duke University.
  • Banerjee, S., S. Secchi, J. Fargione, S. Polasky, and S. Kraft. 2013. “How to Sell Ecosystem Services: A Guide for Designing New Markets.” Frontiers in Ecology and the Environment 11: 297–13.
  • Bennett, M. T. 2008. “China’s Sloping Land Conversion Program: Institutional Innovation or Business as Usual?” Ecological Economics 65: 699–711.
  • Boisvert, V., P. Méral, and G. Froger. 2013. “Market-Based Instruments for Ecosystem Services: Institutional Innovation or Renovation?” Society & Natural Resources 26: 1122–1136.
  • Brownstein, B. P. 1980. “Pareto Optimality, External Benefits and Public Goods: A Subjectivist Approach.” Journal of Libertarian Studies 4: 93–106.
  • Burkhard, B., M. Kandziora, Y. Hou, and F. Müller. 2014. Ecosystem Service Potentials, Flows and Demands – Concepts for Spatial Localisation, Indication and Quantification, 1–32. Germany: Landscape Online. International Association for Landscape Ecology, Chapter Germany.
  • Cai, B., L. Wen, and G. Lu. 2005. “Theoretical Thinking on the Establishment of Ecological Compensation Mechanism.” Ecological Economy 47–50.
  • Coase, R. H., 1960. “The Problem of Social Cost.” Classic papers in natural resource economics. Springer, pp. 87–137.
  • Coase, R. H. 1981. “The Coase Theorem and the Empty Core: A Comment.” Journal of Law & Economics 24: 183–187.
  • Costanza, R. 2008. “Ecosystem Services: Multiple Classification Systems Are Needed.” Biological Conservation 141: 350–352.
  • Dargusch, P., and A. Griffiths. 2008. “Introduction to Special Issue: A Typology of Environmental Markets.” Australian Journal of Environmental Management 15: 70–75.
  • Djanibekov, U., and G. B. Villamor. 2017. “Market-based Instruments for Risk-averse Farmers: Rubber Agroforest Conservation in Jambi Province, Indonesia.” Environment and Development Economics 22: 133–155.
  • Engel, S., S. Pagiola, and S. Wunder. 2008. “Designing Payments for Environmental Services in Theory and Practice: An Overview of the Issues.” Ecological Economics 65: 663–674.
  • Farrell, J. 1987. “Information and the Coase Theorem.” Journal of Economic Perspectives 1: 113–129.
  • Fletcher, R., W. H. Dressler, Z. R. Anderson, and B. Büscher. 2019. “Natural Capital Must Be Defended: Green Growth as Neoliberal Biopolitics.” The Journal of Peasant Studies 46: 1068–1095.
  • Froger, G., V. Boisvert, P. Meral, J. F. Le Coq, A. Caron, and O. Aznar. 2015. “Market-Based Instruments for Ecosystem Services between Discourse and Reality: An Economic and Narrative Analysis.” Sustainability 7: 11595–11611.
  • Gao, X., H. Cheng, H. Zheng, and Z. Ouyang. 2019. “Research on the Policy Instruments for the Value Realization of Ecological Products.” Acta Ecologica Sinica 39: 8746–8754.
  • Gao, X., B. Huang, Y. Hou, W. Xu, D. Ma, and Z. Ouyang. 2020a. “Using Ecosystem Service Flows to Inform Ecological Compensation: Theory & Application.” International Journal of Environmental Research and Public Health 17: 3340.
  • Gao, X., Y. Lin, W. Xu, and Z. Ouyang. 2020b. “Research Progress on the Value Realization of Ecological Products.” Acta Ecologica Sinica 40: 24–33.
  • Gardner, R. C., J. Zedler, A. Redmond, R. E. Turner, C. A. Johnston, V. R. Alvarez, C. A. Simenstad, K. Prestegaard, and W. J. Mitsch. 2009. “Compensating for Wetland Losses under the Clean Water Act (Redux): Evaluating the Federal Compensatory Mitigation Regulation.” Stetson Law Review 38: 213–249.
  • Goldman-Benner, R. L., S. Benitez, T. Boucher, A. Calvache, G. Daily, P. Kareiva, T. Kroeger, and A. Ramos. 2012. “Water Funds and Payments for Ecosystem Services: Practice Learns from Theory and Theory Can Learn from Practice.” oryx 46: 55–63.
  • Gómez-Baggethun, E., and R. Muradian. 2015. “In Markets We Trust? Setting the Boundaries of Market-Based Instruments in Ecosystem Services Governance.” Ecological Economics 117: 217–224.
  • Hart, O. D. 1983. “The Market Mechanism as an Incentive Scheme.” The Bell Journal of Economics 14: 366–382.
  • Jack, B. K., C. Kousky, and K. R. E. Sims. 2008. “Designing Payments for Ecosystem Services: Lessons from Previous Experience with Incentive-based Mechanisms.” Proceedings of the National Academy of Sciences 105: 9465–9470.
  • Keenan, R. J., G. Pozza, and J. A. Fitzsimons. 2019. “Ecosystem Services in Environmental Policy: Barriers and Opportunities for Increased Adoption.” Ecosystem Services 38: 100943.
  • Kemkes, R. J., J. Farley, and C. J. Koliba. 2010. “Determining When Payments are an Effective Policy Approach to Ecosystem Service Provision.” Ecological Economics 69: 2069–2074.
  • Liu, W. 2015. “Dynamic Compensation Standards of Ecological Public Welfare Forest Benefit.” Journal of Anhui Agricultural Sciences 43: 178–180.
  • Lockie, S. 2010. “Neoliberal Regimes of Environmental Governance: Climate Change, Biodiversity and Agriculture in Australia.” In The International Handbook of Environmental Sociology, edited by R. Michael and G. W. Redclift, 364–377. London: Edward Elgar.
  • Lockie, S. 2013. “Market Instruments, Ecosystem Services, and Property Rights: Assumptions and Conditions for Sustained Social and Ecological Benefits.” Land Use Policy 31: 90–98.
  • LSB, L.S.B.. 2019. Lishui Statistical Yearbook. Beijing: China Statistics Press.
  • Mandle, L. A., Z. Ouyang, J. E. Salzman, and G. C. Daily. 2019. Green Growth that Works: Natural Capital Policy and Finance Mechanisms from around the World. Washington, DC: Island Press.
  • Mouchet, M. A., P. Lamarque, B. Martín-López, E. Crouzat, P. Gos, C. Byczek, and S. Lavorel. 2014. “An Interdisciplinary Methodological Guide for Quantifying Associations between Ecosystem Services.” Global Environmental Change 28: 298–308.
  • Muradian, R., E. Corbera, U. Pascual, N. Kosoy, and P. H. May. 2010. “Reconciling Theory and Practice: An Alternative Conceptual Framework for Understanding Payments for Environmental Services.” Ecological Economics 69: 1202–1208.
  • Murtough, G., B. Aretino, and A. Matysek, 2002. “Creating Markets for Ecosystem Services.” Productivity Commission Working Paper No. 1709, p. 415.
  • NBS, N.B.o.S. 2018. China Statistics Yearbook. Beijing: China Statistics Press.
  • Ostrom, E. 1993. “Governing the Commons: The Evolution of Institutions for Collective Action.” American Political Science Review 86: 249–279.
  • Ostrom, E. 2009. “A General Framework for Analyzing Sustainability of Social-Ecological Systems.” Science 325: 419–422.
  • Ott, H. E., H. Winkler, B. Brouns, S. Kartha, M. Mace, S. Huq, Y. Kameyama, A. P. Sari, J. Pan, and Y. Sokona. 2004. South-North Dialogue on Equity in the Greenhouse: A Proposal for an Adequate and Equitable Global Climate Agreement. Eschborn: Division 44 - Environment and Infrastructure Deutsche Gesellschaft für Technische Zusammenarbeit.
  • Ouyang, Z., C. Song, H. Zheng, S. Polasky, Y. Xiao, I. J. Bateman, J. Liu, et al. 2020. “Using Gross Ecosystem Product (GEP) to Value Nature in Decision Making.” Proceedings of the National Academy of Sciences of the United States of America 117: 14593–14601.
  • Ouyang, Z., H. Zheng, Y. Xiao, S. Polasky, J. Liu, W. Xu, Q. Wang, L. Zhang, Y. Xiao, and E. Rao. 2016. “Improvements in Ecosystem Services from Investments in Natural Capital.” Science 352: 1455.
  • Pan, X., L. Xu, Z. Yang, and B. Yu. 2017. “Payments for Ecosystem Services in China: Policy, Practice, and Progress.” Journal of Cleaner Production 158: 200–208.
  • Paudyal, K., H. Baral, S. P. Bhandari, and R. J. Keenan. 2018. “Design Considerations in Supporting Payments for Ecosystem Services from Community-managed Forests in Nepal.” Ecosystem Services 30: 61–72.
  • Paudyal, K., H. Baral, and R. J. Keenan. 2016. “Local Actions for the Common Good: Can the Application of the Ecosystem Services Concept Generate Improved Societal Outcomes from Natural Resource Management?” Land Use Policy 56: 327–332.
  • Pirard, R. 2012. “Market-based Instruments for Biodiversity and Ecosystem Services: A Lexicon.” Environmental Science & Policy 19: 59–68.
  • Pirard, R., and R. Lapeyre. 2014. “Classifying Market-based Instruments for Ecosystem Services: A Guide to the Literature Jungle.” Ecosystem Services 9: 106–114.
  • Randall, A. 1983. “The Problem of Market Failure.” Natural Resources Journal 23: 131–148.
  • Salzman, J. 2005. “Creating Markets for Ecosystem Services: Notes from the Field.” Social Science Electronic Publishing 80: 870–961.
  • Serna-Chaveza, H. M., C. J. E. Schulpb, P. M. V. Bodegomc, W. Boutena, P. H. Verburgb, and M. D. Davidson. 2014. “A Quantitative Framework for Assessing Spatial Flows of Ecosystem Services ☆.” Ecological Indicators 39: 24–33.
  • Wang, H., R. Tao, L. Wang, and F. Su. 2010. “Farmland Preservation and Land Development Rights Trading in Zhejiang, China.” Habitat International 34: 454–463.
  • Whitten, S., M. V. Bueren, and D. Collins. 2003. “An Overview of Market-based Instruments and Environmental Policy in Australia.” AARES Symposium, Canberra.
  • Whitten, S., and D. Shelton, 2005. “Market for Ecosystem Services in Australia: Practical Design and Case Studies.” ZEF-CIFOR Workshop: Payments for Environmental Services (PES): Methods and Design in Developing and Developed Countries, Titisee, Germany.
  • Whitten, S. M., A. Coggan, A. Reeson, and R. J. Gorddard, 2007. “Putting Theory into Practice: Market Failure and Market Based Instrument Design.” the 51st Annual Conference of the Australian Agricultural and Resource Economics Society. Queenstown, New Zealand.
  • Wunder, S. 2015. “Revisiting the Concept of Payments for Environmental Services.” Ecological Economics 117: 234–243.
  • Zhang, Y. 2017. “Market-based Instruments for Ecosystem Services: Concepts, Classification and Application.” China Population, Resources and Environment 27: 119–126.
  • Zheng, H., B. E. Robinson, Y. C. Liang, S. Polasky, D. C. Ma, F. C. Wang, M. Ruckelshaus, Z. Y. Ouyang, and G. C. Daily. 2013a. “Benefits, Costs, and Livelihood Implications of a Regional Payment for Ecosystem Service Program.” Proceedings of the National Academy of Sciences of the United States of America 110: 16681–16686.
  • Zheng, H., B. E. Robinson, Y. C. Liang, S. Polasky, D. C. Ma, F. C. Wang, M. Ruckelshaus, Z. Y. Ouyang, and G. C. Daily. 2013b. “Benefits, Costs, and Livelihood Implications of a Regional Payment for Ecosystem Service Program.” Proceedings of the National Academy of Sciences of the United States of America 110: 16681–16686.
  • Zhou, Y., J. Zhou, H. Liu, and M. Xia. 2019. “Study on Eco-compensation Standard for Adjacent Administrative Districts Based on the Maximum Entropy Production.” Journal of Cleaner Production 221: 644–655.