environment medium Fill in the Blank

The 'Payment for Ecosystem Services' (PES) approach compensates landowners for managing land to provide _____ benefits.

  1. Industrial
  2. Environmental
  3. Urban
  4. Financial

Answer: Environmental

PES schemes incentivize conservation by paying providers for services like watershed protection, carbon sequestration, or biodiversity conservation.

Topic Environmental Economics
Exam Relevance UPSC, SSC
More environment Questions Back to all questions