Market-Based Instruments for Ecosystem Services: Institutional Innovation or Renovation?
Summary. Market-based instruments for ecosystem services have proliferated globally, but their actual institutional design varies widely from their theoretical promise. This paper examines payments for environmental services and biodiversity offsets—both labeled as market-based instruments—and finds significant gaps between the pro-market rhetoric surrounding these policies and their actual implementation. The instruments are less genuinely innovative than claimed and take diverse institutional forms depending on local context.
Cite this article
Boisvert, V., Méral, P., & Froger, G.. (2013). Market-Based Instruments for Ecosystem Services: Institutional Innovation or Renovation?. Society & Natural Resources. https://doi.org/10.1080/08941920.2013.820815
Boisvert, Valérie, et al. “Market-Based Instruments for Ecosystem Services: Institutional Innovation or Renovation?.” Society & Natural Resources, 2013. https://doi.org/10.1080/08941920.2013.820815.
Boisvert, Valérie, Philippe Méral, and Géraldine Froger. 2013. “Market-Based Instruments for Ecosystem Services: Institutional Innovation or Renovation?.” Society & Natural Resources. https://doi.org/10.1080/08941920.2013.820815.
@article{boisvert-2013-market-based-instruments-ecosystem-services,
title = {Market-Based Instruments for Ecosystem Services: Institutional Innovation or Renovation?},
author = {Valérie Boisvert and Philippe Méral and Géraldine Froger},
journal = {Society & Natural Resources},
year = {2013},
doi = {10.1080/08941920.2013.820815},
url = {https://doi.org/10.1080/08941920.2013.820815}
}
TY - JOUR TI - Market-Based Instruments for Ecosystem Services: Institutional Innovation or Renovation? AU - Valérie Boisvert AU - Philippe Méral AU - Géraldine Froger JO - Society & Natural Resources PY - 2013 DO - 10.1080/08941920.2013.820815 UR - https://doi.org/10.1080/08941920.2013.820815 ER -
Details
- DOI
- 10.1080/08941920.2013.820815
- Countries
- Switzerland, France
- Regions
- Europe
- Categories
- policy, climate-and-environment, general-innovation
- Added
- 2026-04-28