New Publication: The misuse of metaphors - Are payments for environmental services instruments for the commoditization of nature?
Alain Karsenty, Driss Ezzine Blas
Summary: Payments for environmental services (PES) are frequently presented as "market-based" instruments on the grounds that they alter incentives, although the use of real markets is uncommon. If a market is defined mainly by the exchange of ownership rights, it can be proven that this is not the case with most PES, in which use rights are contractually suspended. The metaphorical use of the market concept principally serves to preclude regulation.
In: Floor P. Halpern Lascoumes, P. Le Gales (eds), "The instrumentalization of public action - Controversies, resistance, effects," Presses de Sciences Po, 2014, p.
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