Apart from food and raw materials, agriculture can also provide ancillary benefits such as landscapes, biodiversity, cultural heritage and thriving rural communities. This book offers a state-of-the-art overview of strategies for sustainable management practices and their implementation through the adoption of suitable instruments. Such practices aim to sustain and support the multiple functions provided by agriculture and natural resources in the rural countryside.The authors explore the value of alternative governance structures and examine the design of policy models and institutional mechanisms for a range of different countries and agricultural methods. The empirical results allow them to identify successful examples as well as recognize practices which have failed. They can then transfer positive policies to geographical areas or production systems where effective and efficient strategies for the sustainable management of natural resources are urgently needed. In doing so, the authors hope to improve the design, identification and implementation of appropriate policy instruments to help sustain the rural economy in the future. They also aim to strengthen the establishment of markets for nature which overcome institutional constraints.This timely new book explores emerging perspectives on multifunctionality in agriculture and the rural environment. It will be widely read by academics, researchers and policymakers with an interest in agricultural and resource economics, environmental governance and sustainable development.