An Alternative Theorization of Payments for Ecosystem Services from Mexico: Origins and Influence

The national Payments for Ecosystem Services (PES) programmes of Mexico were originally based on the neoclassical economic theory that conceptualized ecosystems as factories whose various outputs can be quantified and converted to commodities. This model of PES clashed with an alternative theorization, Compensation for Ecosystem Services (CES), with home‐grown roots in the ontological orientation and contextualized experience of an epistemic...