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Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/22872
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dc.contributor.authorMartin, Paulen
dc.date.accessioned2018-04-20T13:28:00Z-
dc.date.issued2017-
dc.identifier.citationEcosystem Services, v.29, p. 404-410en
dc.identifier.issn2212-0416en
dc.identifier.urihttps://hdl.handle.net/1959.11/22872-
dc.description.abstractEnvironmental governance is undergoing innovation in the use of market instruments, including payments for environmental services. As it is in nature, in society change (such as commercial or policy innovation) brings the risk of failure or of unanticipated consequences. Good governance requires intelligent precautions against what can go wrong. In investment markets governance safeguards such as competition and market regulation manage the risk that private gains accrue to the ruthless at the cost of the innocent, or that inexperience or incompetence lead to high public and private costs. For environmental markets risk safeguards are under developed. This paper explores the risk dimension of payments for environmental services, and suggests that systematic risk governance could make it more likely that these innovations will serve the public interest.en
dc.languageenen
dc.publisherElsevier BVen
dc.relation.ispartofEcosystem Servicesen
dc.titleManaging the risks of ecosystem services marketen
dc.typeJournal Articleen
dc.identifier.doi10.1016/j.ecoser.2017.05.007en
dc.subject.keywordsEnvironmental and Natural Resources Lawen
local.contributor.firstnamePaulen
local.subject.for2008180111 Environmental and Natural Resources Lawen
local.subject.seo2008960799 Environmental Policy, Legislation and Standards not elsewhere classifieden
local.profile.schoolSchool of Lawen
local.profile.emailpmartin9@une.edu.auen
local.output.categoryC1en
local.record.placeauen
local.record.institutionUniversity of New Englanden
local.identifier.epublicationsrecordune-20180307-112551en
local.publisher.placeNetherlandsen
local.format.startpage404en
local.format.endpage410en
local.identifier.scopusid85021255704en
local.peerreviewedYesen
local.identifier.volume29en
local.contributor.lastnameMartinen
dc.identifier.staffune-id:pmartin9en
local.profile.orcid0000-0002-0243-2654en
local.profile.roleauthoren
local.identifier.unepublicationidune:23056en
local.identifier.handlehttps://hdl.handle.net/1959.11/22872en
dc.identifier.academiclevelAcademicen
local.title.maintitleManaging the risks of ecosystem services marketen
local.output.categorydescriptionC1 Refereed Article in a Scholarly Journalen
local.search.authorMartin, Paulen
local.uneassociationUnknownen
local.identifier.wosid000428532000022en
local.year.published2017en
local.fileurl.closedpublishedhttps://rune.une.edu.au/web/retrieve/9043aff4-0e8f-46ce-95de-4c9b07a80bf4en
local.subject.for2020480203 Environmental lawen
local.subject.seo2020190299 Environmental policy, legislation and standards not elsewhere classifieden
dc.notification.token027c4371-9451-4b5e-a9c7-2fd7b1ef7f95en
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