Measuring the net benefits of payments for hydrological services programs in Mexico
A number of studies show that payments for ecosystem services (PES) programs contribute to reducing deforestation, but few have measured the impact on ecosystem service provision or compared economic benefits and costs of these programs. We integrate impact evaluation and ecosystem service measurement to examine the effects of PES programs in Veracruz, Mexico. We use quasi-experimental methods to measure the effect of enrolling in PES on forest cover. We link these changes in forest cover to field-calibrated measures of water regulation and carbon storage.