Carrots or sticks? Balancing cost-effectiveness, equity in Brazil’s deforestation policy

BOGOR, Indonesia — In the ongoing debate about how best to combat deforestation in Brazil, a new study shows that “sticks” are often cheaper than “carrots” — but that relying exclusively on such regulation would inflict a high cost on landowners. “Carrots,” such as payment for environmental services (PES), offer landowners positive incentives such as... Read more

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