- Code EMDV8011
- Unit Value 6 units
- Offered by Crawford School of Public Policy
- ANU College ANU College of Asia and the Pacific
- Course subject Environmental Management & Development
- Academic career PGRD
- Prof Luca Tacconi
- Mode of delivery Online or In Person
First Semester 2019
See Future Offerings
The goal of this course is to understand how payments for environmental services (PES) schemes can be designed, how they are currently operating in practice, and what environmental, social and economic outcomes they are having.
The course will focus on both theoretical aspects of the design of the schemes and empirical analysis of the outcomes of existing schemes.
The issues considered in this course will include:
- The rationale of PES schemes
- Arguments pro and against PES schemes
- The economic theory behind PES schemes
- Key principles of the design, including pricing, transparency, additionality, and conditionality
- Land and property rights
- Efficiency vs cost effectiveness of the schemes
- The role of PES in poverty alleviation
- Practical applications of PES: climate change, biodiversity, watershed management, coastal management
Upon successful completion, students will have the knowledge and skills to:
On completion of the course, students will:
- Possess a critical understanding of the theory underpinning payments for environmental services (PES) schemes
- Have knowledge of the key design principles of PES schemes
- Understand the role of PES in environmental management
- Be able to apply this theoretical understanding to interventions
- Be able to verbally communicate the theory and the principles underlying PES schemes
In-class presentation (10%), Case study analysis (40%), Research assignment (50%).
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2 hour lecture and 1 hour class discussion per week
Reading material will include journal articles and the following text:
Tacconi, L., S. Mahanty, H. Suich eds (2010). Payments for Environmental Services, Forest Conservation and Climate Change: Livelihoods in the REDD?. Edward Elgar, Cheltenham.
Tuition fees are for the academic year indicated at the top of the page.
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- Student Contribution Band:
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.