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The concept of Payments for Ecosystem Services PESS) is globally of increasing interest.
In a context of continued environmental degradation of agricultural landscapes, the concept of Payments for Ecosystem Services PESS) has been attracting growing attention in both academic and policy circles.
When machines are able to perform transactions with machines in real time at a marginal cost basis, the concept of payments will become obsolete in many use cases as transactions become automated and integrated into other services.
Based upon the concept of Payments for Ecosystem Services, urban actors and international NGOs pay into a trust fund that finances conservation activities in rural communities existing in and around ecosystems important for water flowing downstream to cities. Ecosystems are inextricably tied to the landscape, so water funds seek to influence land use practices.
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So we began with the simple concept of payment for ecosystem services – that the downstream beneficiaries should compensate the upstream users, whether it's an individual paying, or a community, or a government, so that the management of upstream is smarter.
This paper introduces the concept of payment probability as an important component of carbon risk (the financial risk associated with CO2 emissions under uncertain climate policy).
The biggest challenge so far has been communicating the concept of payment for performance to local farmers, according to Ramirez.
IL brought the development of the Independent Living Fund and the concept of direct payments, which enabled disabled people to manage their own needs: "What I want, when I want it".
To health-policy analysts and the policy makers they advise, and many clinicians as well, the concept of bundled payments has enormous intuitive appeal.
However, he said, Square does little to change the experience of buying things: The Starbucks-Square partnership is a win for every company in our industry, because it introduces the concept of mobile payments to mainstream America.
Not only would these bring their marketing and lending skills; they might even manage to introduce the concept of revolving payments.Japan's consumer-finance giants already show plenty of interest, snapping up card companies that are poorly run, or bust.
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