Not only are forests a critical source of forest products, but they provide environmental services that are the basis of life on Earth. But, only rarely do beneficiaries pay for the goods and services they experience. This book demonstrates how payment systems can be established in practice, their effectiveness and their implications for the poor.

First Published in 2002. Routledge is an imprint of Taylor & Francis, an informa company.

'A valuable contribution to the field of development and environmental studies.' Development and Change 'This book makes an invaluable contribution to advancing that debate and bringing sustainable forest one step closer.' Richard McNally, Economics and Global Policy, WWF-UK 'The success stories laid out here... point to strategic directions that will carry us to a future that brings ecological, economic, and social approaches together and maintain forests in the landscape. From the Forword by Michael Jenkins, Executive Director, Forest Trends