Policy brief on factors of success for the implementation of selected innovative governance approaches and instruments : Deliverable D6.2 BONUS MIRACLE project
The BONUS funded project MIRACLE highlights the critical role of adequate institutional arrangements for the successful implementation of innovative policy instruments to promote multiple ecosystem service benefits. Building trust through longterm cooperation of multiple stakeholders in decision-making processes and an active role of the civil society and private sector in designing and financing payments for ecosystem services increases the scope for innovations in agricultural and environmental policies. Longterm contracts and result-based payment design further increase their effectiveness.
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