Economic effects of alternative PES program designs (as defined by program characteristics).¹

1.Figures represent percentage changes with respect to the baseline before the program, except as noted below. Columns represent start and end-points of a scenario, but some points are common to several scenarios. 2.Percentage in excess of original rental rates. 3.Percentage of total arable land in locality. 4.Percentage of total village households. 5.Percentage of program target. 6.Percentage in excess of current rental rates.