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Market Mechanisms and the Provision of Environmental and Social Services

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EU Bioeconomy Economics and Policies: Volume II

Part of the book series: Palgrave Advances in Bioeconomy: Economics and Policies ((PABEP))

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Abstract

Rural land is a major source of environmental and social services. However, land-use decision makers (including farmers) and society might be unaware or underappreciate, and often under-value these services. Private and local action ensures the provision of these services, and there is evidence of shifting societal norms in relation to expected environmental or social behaviour. Societal demand for the provision of environmental and social services can be represented as a cascading process from awareness, appreciation and value. Private sector actions and market mechanisms emerge to valorise these services, helping to connect people and businesses with targeted policies. The Common Agricultural Policy (CAP) can help to foster more effective and efficient supply of environmental and social services through market mechanisms.

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Acknowledgement

The work described in this chapter was conducted in part within the PEGASUS project. This project received funding from the European Union’s Horizon 2020 research and innovation programme under Grant Agreement No 633814. The financial support from the Strategic Research Programme System Earth Management, funded by the Ministry of Agriculture, Nature and Food Quality in the Netherlands, is also acknowledged. This chapter and the content included in it do not represent the opinion of the European Union, and the European Union is not responsible for any use that might be made of its content.

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Authors and Affiliations

  1. Green Economy and Landuse Unit, Wageningen Economic Research, The Hague, The Netherlands

    Floor Brouwer

  2. Environmental Sciences Unit, University of Gloucestershire, Cheltenham, UK

    Chris Short

  3. Institut für ländliche Strukturforschung (IFLS), Frankfurt am Main, Germany

    Simone Sterly

  4. Countryside and Community Research Institute, University of Gloucestershire, Gloucestershire, UK

    Janet Dwyer

  5. Agriculture and Land Management Unit, Institute for European Environmental Policy (IEEP), London, UK

    Anne Maréchal

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  1. Floor Brouwer
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  2. Chris Short
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  4. Janet Dwyer
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  5. Anne Maréchal
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Corresponding author

Correspondence to Floor Brouwer .

Editor information

Editors and Affiliations

  1. Agricultural Economics and Rural Policy Group, Wageningen University, Wageningen, Gelderland, The Netherlands

    Liesbeth Dries

  2. Agricultural Economics and Rural Policy Group, Wageningen University, Wageningen, Gelderland, The Netherlands

    Wim Heijman

  3. Agricultural Economics and Rural Policy Group, Wageningen University, Wageningen, Gelderland, The Netherlands

    Roel Jongeneel

  4. Law and Governance Group, Wageningen University, Wageningen, Gelderland, The Netherlands

    Kai Purnhagen

  5. Agricultural Economics and Rural Policy Group, Wageningen University, Wageningen, Gelderland, The Netherlands

    Justus Wesseler

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Brouwer, F., Short, C., Sterly, S., Dwyer, J., Maréchal, A. (2019). Market Mechanisms and the Provision of Environmental and Social Services. In: Dries, L., Heijman, W., Jongeneel, R., Purnhagen, K., Wesseler, J. (eds) EU Bioeconomy Economics and Policies: Volume II. Palgrave Advances in Bioeconomy: Economics and Policies. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-28642-2_8

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  • DOI: https://doi.org/10.1007/978-3-030-28642-2_8

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