Payments for Ecosystem Services (PES) can use many design features. We investigate the impact of payment conditionality types, i.e. different specifications when to pay and when not to pay, for PES on deforestation and agricultural production in a lab-in-the-field experiment. Our experiment also...

This paper aims to introduce the role of forests in mitigating climate change and summarise some of the key issues and research covered in Palmer and Engel (2009). Section 2 presents the climate change problem, the role of forests and the policy debate so far. Section 3 focuses on research to...