Solutions are sought throughout the world to counter land and forest conversion processes, as well as strategies for climate change mitigation. Payments for Environmental Service (PES) schemes, which are market-based incentives, are promoted as a possibility to enforce or support sustainable...

The aim of this thesis is to address certain aspects of climate change which have not attracted sufficient attention. The first part is an empirical one investigating impacts of climate change on households and individuals using the hedonic price approach (for Great Britain and Germany). In...