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Payments for environmental services (PES) are an increasingly used instrument both for financing and implementing conservation. The Costa Rican national PES scheme is often considered as a leading model in this regard. We find that improved targeting could substantially increase the efficiency of...


Engel, S.Wunscher, T.Wunder, Sven[Increasing the efficiency of conservation spending: the case of payments for environmental services in Costa Rica]Increasing the efficiency of conservation spending: the case of payments for environmental services in Costa Rica

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