Investing in nature-based solutions: Cost profiles of collective-action watershed investment programs

Kang, Shiteng; Kroeger, Timm; Shemie, Daniel; Echavarria, Marta; Montalvo, Tamara; Bremer, Leah L.; Bennett, Genevieve; Barreto, Samuel Roiphe; Bracale, Henrique; Calero, Claudia; Cárdenas, Álvaro E. Márquez; Cardona, Julián; García, Isabel Cristina Cardozo; Crespo, Rodrigo; Rocha, Jose Bento da; Bièvre, Bert De; González, José David Díaz; Estévez, Walkiria; Hernandez, D. Paredes; Hernandez, Luis Gamez; García, Carlos M.; Gordillo, Francisco; Klemz, Cláudio; Mansur, Hendrik; Medina, Galo; Méndez, Paola; Mercado, Eduardo; Rojas, Oscar; Guerra, Mariella Sánchez; Stafford, Louise; Tiepolo, Gilberto; Toral, Eduardo; Vinces, Vanessa; Zhang, Haijiang

doi:10.1016/j.ecoser.2022.101507

Cited by 12 publications

(10 citation statements)

References 47 publications

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“…However, our findings highlight the potential for programs to learn and shift through time, which has received less attention in the ecosystem investment literature. Program evolution does not come without cost, however (Kang et al, 2023). Successful projects financially support the active, on-the-ground engagement of individuals who have come to be trusted and identify and actively engage with existing social networks and community organizations.…”

Section: Discussionmentioning

confidence: 99%

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Toward more equitable ecosystem investment programs—Adaptation and equity are central to the design and functioning of successful water funds

Bremer

Brauman

Echavarría³

2023

Conservation Letters.

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Projects designed to incentivize ecosystem management for societal benefits are becoming increasingly popular and are often touted as win–win solutions for social and environmental challenges. Yet, there are important concerns about the equity and justice implications of these programs, and there is strong evidence that a lack of attention to justice can exacerbate or create inequities. We focus on water funds, a subset of watershed ecosystem investment programs that are being scaled globally. We specifically discuss how three long‐standing Andean programs have shifted through time toward a greater focus on equity and justice. We argue that these shifts, while imperfect, have been critical to their durability and that, more generally, continued alignment of nature‐based investment programs with broader equity and justice concerns is essential for long‐term durability and success.

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Section: Discussionmentioning

confidence: 99%

“…Program evolution does not come without cost, however (Kang et al., 2023). Successful projects financially support the active, on‐the‐ground engagement of individuals who have come to be trusted and identify and actively engage with existing social networks and community organizations.…”

Section: Discussionmentioning

confidence: 99%

Toward more equitable ecosystem investment programs—Adaptation and equity are central to the design and functioning of successful water funds

Bremer

Brauman

Echavarría³

2023

Conservation Letters.

Self Cite

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“…For example, Mack et al, [43], Weber [44], and Weber [45] focused their analysis on schemes linked to grasslands, such as voluntary grassland-based meat and milk programs or site-specific grassland extensification schemes. Kang et al [46], McCann and Claassen [13], Peterson et al, [47], McCann [48], and McCann and Easter [49] focused their analysis on schemes and programs related to water, such as water quality problems associated with non-point-source pollution from agricultural production, watershed ecosystem services, or payment for ecosystem services in a hypothetical water quality trading market. Phan et al [18] focused on two schemes related to payments for forest ecosystem services.…”

Section: Main Investigated Agri-environment-climate Measuresmentioning

confidence: 99%

Transaction Costs in Agri-Environment-Climate Measures: A Review of the Literature

et al. 2023

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Agri-environment-climate measures (AECMs) represent a transaction of ecological capital between the government as the buyer of the agri-environmental goods and services produced in the farmland and the farmer as the seller. As such, they involve transaction costs (TC) that serve to safeguard the transaction from opportunistic behavior, problems related measurement, and other risks that can occur in the contractual relationship. These costs are an important factor in the design and implementation of any policy. However, analyzing TC is not easy. Several definitions have been proposed, and different strategies have been used to measure these costs. Despite a growing interest in this topic, research addressing the analysis of TC in AECMs has been rather scarce and lacking a systematic approach to make the different studies comparable and their results generalizable. This review article aims to provide a detailed overview of the current state of research related to the analysis of TC in AECMs by exploring the differences in methodological approaches, objectives, and scope among the most relevant studies available and by summarizing their most significant findings. It was observed that there are differences across the studies linked to their objectives in terms of the geographical context in which they are implemented, the actors involved in the program, and the objectives aimed toward in their analysis. However, the sharpest difference observed across these studies is linked to their methodological approach, which in most cases is focused on quantitative analysis. Most of these studies observed a significant variation in the magnitude and determinants of TC across different AECMs, which often depended on the characteristics of the schemes and the institutional environment in which they were implemented, as well as factors linked to specific characteristics of the farmer and/or their farming business.

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“…If these aquatic environments and related services are managed with a long-term perspective, they offer a solid foundation for human well-being and economic development. This is the essence of sustainability [10][11][12][13][14][15].…”

Section: Introductionmentioning

confidence: 99%

Changing Water Cycle under a Warming Climate: Tendencies in the Carpathian Basin

Jánosi

Bíró

Boglárka

et al. 2023

Climate

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In this mini-review, we present evidence from the vast literature that one essential part of the coupled atmosphere–ocean system that makes life on Earth possible, the water cycle, is exhibiting changes along with many attributes of the global climate. Our starting point is the 6th Assessment Report of the IPCC, which appeared in 2021, where the almost monograph-size Chapter 8, with over 1800 references, is devoted entirely to the water cycle. In addition to listing the main observations on the Earth globally, we focus on Europe, particularly on the Carpathian (Pannonian) Basin. We collect plausible explanations of the possible causes behind an observably accelerating and intensifying water cycle. Some authors still suggest that changes in the natural boundary conditions, such as solar irradiance or Earth’s orbital parameters, explain the observations. In contrast, most authors attribute such changes to the increasing greenhouse gas concentrations since the industrial revolution. The hypothesis being tested, and which has already yielded convincing affirmative answers, is that the hydrological cycle intensifies due to anthropogenic impacts. The Carpathian Basin, a part of the Danube watershed, including the sub-basin of the Tisza River, is no exception to these changes. The region is experiencing multiple drivers contributing to alterations in the water cycle, including increasing temperatures, shifting precipitation regimes, and various human impacts.

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Investing in nature-based solutions: Cost profiles of collective-action watershed investment programs

Cited by 12 publications

References 47 publications

Toward more equitable ecosystem investment programs—Adaptation and equity are central to the design and functioning of successful water funds

Toward more equitable ecosystem investment programs—Adaptation and equity are central to the design and functioning of successful water funds

Transaction Costs in Agri-Environment-Climate Measures: A Review of the Literature

Changing Water Cycle under a Warming Climate: Tendencies in the Carpathian Basin

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