@article{fdi:010065413,
  title = {{M}arket-based {I}nstruments for ecosystem services between discourse and reality : an economic and narrative analysis},
  author = {{F}roger, {G}. and {B}oisvert, {V}al{\'e}rie and {M}{\'e}ral, {P}hilippe and {L}e {C}oq, {J}. {F}. and {C}aron, {A}. and {A}znar, {O}.},
  editor = {},
  language = {{ENG}},
  abstract = {{S}ince the mid-1990s, the concept of ecosystem services has become increasingly popular in academic circles and among decision-makers. {B}ecause of its inclusive character, this concept has given rise to different interpretations in economics. {S}ince its inception, it has been associated with the development of market-based instruments ({MBI}s) in conservation policies. {F}rom this perspective, the sustainable provision of ecosystem services is hindered by market failures (e.g., public good attributes, externalities) and prices that do not capture the full value of the natural assets. {MBI}s are therefore recommended. {A}ccording to their promoters, they provide powerful incentives to conserve the environment while at the same time offering new sources of income to support rural livelihoods. {O}ur paper contends that different economic narratives, and associated representations of the market failure at stake with the provision of ecosystem services, may support different policy instruments that are all coined as {MBI}s. {A}s an illustration, we analyze the economic discourse underlying payments for ecosystem services and eco-labels, and we underline the variety of institutional forms to which they give rise in order to emphasize the differences between discourse and practice.},
  keywords = {market-based instruments ; ecosystem services ; externalities ; joint ; products ; narratives ; payments for ecosystem services ; environmental ; certification},
  booktitle = {},
  journal = {{S}ustainability},
  volume = {7},
  numero = {9},
  pages = {11595--11611},
  ISSN = {2071-1050},
  year = {2015},
  DOI = {10.3390/su70911595},
  URL = {https://www.documentation.ird.fr/hor/fdi:010065413},
}