@article{fdi:010061189,
  title = {{M}arket-based instruments for ecosystem services : institutional innovation or renovation ?},
  author = {{B}oisvert, {V}al{\'e}rie and {M}{\'e}ral, {P}hilippe and {F}roger, {G}.},
  editor = {},
  language = {{ENG}},
  abstract = {{R}ecent years have seen widespread experimentation with market-based instruments ({MBI}s) for the provision of environmental goods and ecosystem services. {H}owever, little attention has been paid to their design or to the effects of the underlying pro-market narrative on environmental policy instruments. {T}he purpose of this article is to analyze the emergence and dissemination of the term market-based instruments applied to the provision of environmental services and to assess to what extent the instruments associated are genuinely innovative. {T}he recommendation to develop markets can lead in practice to a variety of institutional forms, as we show it based on the example of payments for environmental services ({PES}) and biodiversity offsets, two very different mechanisms that are both presented in the literature as {MBI}s. {O}ur purpose is to highlight the gap between discourse and practice in connection with {MBI}s.},
  keywords = {biodiversity offsets ; economic incentives ; ecosystem services ; institutional arrangements ; market-based instruments ; payments for environmental services},
  booktitle = {},
  journal = {{S}ociety and {N}atural {R}esources},
  volume = {26},
  numero = {10},
  pages = {1122--1136},
  ISSN = {0894-1920},
  year = {2013},
  DOI = {10.1080/08941920.2013.820815},
  URL = {https://www.documentation.ird.fr/hor/fdi:010061189},
}