Nature in the market-world: Ecosystem services and inequality

susan's picture

Programmes to address global warming and promote green development, such as Payments for Ecosystem Services and Reduced Emissions from Deforestation and [forest] Degradation financed by carbon-offset trading, are framed by a world-as-market paradigm that subsumes social goals within a project of globalized eco-economic management. Because market-based strategies reinforce existing property claims and power relations, Kathleen McAfee argues that they are likely to worsen inequality without yielding net, global environmental benefits.

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http://www.palgrave-journals.com/development/journal/v55/n1/full/dev2011105a.html
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Publication Date: 
01/01/2012