ABSTRACT. China and Vietnam have developed some of the most ambitious payments for ecosystem services (PES) initiatives for watershed conservation and forest management. These include the Sloping Land Conversion Programme in China and pilot projects designed to implement Decision 380 and the subsequent national PES law in Vietnam. This study reviews how these two government-driven initiatives are achieving their environment and development objectives in terms of their institutional arrangements, implementation in practice, and sustainability prospects. Although it remains too soon to determine the effects of these programs on watershed services, early evidence indicates that they are resulting in vulnerable land being retired from cultivation supported, in some cases, by considerable contributions to household income. A review of these initiatives has revealed two emerging questions that are relevant within the wider discussion on PES theory: (1) What is the ideal role for government in an evolving socio-cultural and political context? (2) What are the implications of a lack of voluntary participation in government administered PES schemes? Future prospects for harnessing the substantial political commitment for watershed protection toward more strategic, flexible, and long-term sustainable outcomes hinge on the ongoing responsiveness of these governments to stakeholder needs and objectives.

A B S T R A C TIn this commentary we respond to Fletcher and Büscher's (2017) recent article in this journal on Payments for Ecosystem Services (PES) as neoliberal 'conceit'. The authors claim that focusing attention on the micro-politics of PES design and implementation fails to expose an underlying neoliberal governmentality, and therefore only reinforces neoliberal capitalism as both the problem and solution of ecological crises. In response, we argue that a focus on the actions of local actors is key to understanding how and why such governmentality fails or succeeds in performing as theorized. Grand generalizations fixated on a particular hegemonic and neoliberal PES ontology overlook how actors intertwine theory and practice in ways which cannot be explained by a dominant structural theory. Such generalizations risk obscuring the complexity and situational history, practice and scale of the processes involved. Rather than relegating variegated and hybrid forms of what actually emerges from PES interventions as neoliberal conceit, we argue that an actor-oriented, 'weak theory' approach permits PES praxis to inform knowledge generation. This would open up a more inclusive and politically engaging space for thinking about and realizing political change.

This paper argues that Payments for Ecosystem Services (PES) serve as a neoliberal performative act, in which idealized conditions are re-constituted by well-resourced and networked epistemic communities with the objective of bringing a distinctly instrumental and utilitarian relationality between humans and nature into existence. We illustrate the performative agency of hegemonic epistemic communities advocating (P)ES imaginaries to differentiate between the cultural construction of an ideal reality, which can and always will fail, and an external reality of actually produced effects. In doing so, we explore human agency to disobey performative acts to craft embodied and life-affirming relationships with nature.

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