The selecting tools of the environmental policy have been an open question at resolving of the environment protection issues. The main reason was, that the financial and the economic dimensions, but also the environmental efficiency of their application differ significantly. The direct tools (as opposed to indirect tools) of the environmental policy are considered to be environmentally more efficient and more often checked. Lower economic effectiveness of the financial resources is the main disadvantage of the direct tools of environmental policy. On the other hand, increasing economic effectiveness of the direct tools is determined by stimulative function. The article focuses at theoretical basis on environmental payments applications - their typologies, functionality and constraints in providing economic effectiveness and environmental efficiency.