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Compensation Payments: Opportunities, Risks, and Considerations

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Tropical Forestry Handbook

Abstract

The description of economic environmental and forest-related compensation payment mechanisms and arrangements demonstrates the sector's relevance for tropical forestry, revealing opportunities and risks. The present chapter provides a synthesis of the previous five chapters on the topic, followed by final considerations arguing that policies and agreements based on economic principles represent just one building block out of a pool of measures to promote environmental and forest goods and services. To fully unfold its potentials, these mechanisms and arrangements have to be implemented conjointly with traditional non-economic policies.

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Correspondence to Julian Michel .

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© 2016 Springer-Verlag Berlin Heidelberg

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Michel, J., Kallweit, K., von Pfeil, E. (2016). Compensation Payments: Opportunities, Risks, and Considerations. In: Pancel, L., Köhl, M. (eds) Tropical Forestry Handbook. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-54601-3_236

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