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Costa Rica was the first developing country to have implemented a nation-wide program of payments for environmental services. We analyze whether the efficiency of the program could be increased through better targeting techniques and propose a targeting mechanism which takes into account the spat...


Wunscher, T.Engel, S.Wunder, Sven[Payments for environmental services in Costa Rica: increasing efficiency through spatial differentiation]Payments for environmental services in Costa Rica: increasing efficiency through spatial differentiation

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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