Because of the lack of markets, many countries have sought to develop an innovative property rights plan called

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The concept of payment for environmental services involves creating markets for ecosystem services such as clean water, carbon sequestration, and biodiversity conservation. This approach allows for the valuation and monetization of natural resources, providing economic incentives for conservation and sustainable use of the environment. The other options mentioned are not property rights plans but rather policies or theories related to environmental economics and regulation.

Because of the Lack of Markets, Many Countries Have Sought