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  1. Library Resource
    April, 2014
    Costa Rica

    Costa Rica's Program of Payments
    for Environmental Services (Pago de Servicios Ambientales,
    PSA) provides a unique opportunity to evaluate direct
    payments as a conservation policy tool. This paper reports
    evidence on how much more forest has been conserved in Costa
    Rica as a result of PSA contracts with landowners. Such
    evidence requires estimating a counterfactual outcome: how
    much forest would have been preserved if there had been no

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