Payments for Ecosystem Services (PES) is a relatively new tool for fisheries and aquaculture. Being part of the broader incentive- or market-based incentives, PES is a positive and voluntary incentive mechanism that compensates actors for increasing or maintaining the provision of ecosystem services. Our investigation considers potential and actual PES...
Payments for ecosystem services (PES) are positive incentives offered to producers or resource owners in exchange for the provision of a given ecosystem service, such as biodiversity, water regulation, food, recreation and tourism. Interest in applying this economic instrument within the aquatic ecosystems has increased alongside a growing interest in...