We Know How to Reduce Deforestation – So Where's the Money? (The Guardian)

From the article:

For years some environmentalists and economists have argued that you could pay people to keep their forests standing, maintaining carbon sources and habitat for threatened species. Yet, the idea – known as payments for ecosystem services or PES – has faced critics, who argued it wouldn’t live up to the hype. A new study in Science this week may make them think twice...

“Evidence from this gold-standard randomised controlled trial corroborates other evidence,” said Jonah Busch, a senior fellow at the Center for Global Development who was not involved in the research, adding that “paying people to keep forests standing can be a cost-effective way to reduce deforestation and thus fight climate change.”...

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