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Can payments for environmental services reduce deforestation and forest degradation?

Can payments for environmental services reduce deforestation and forest degradation?

Payments for environmental services (PES) have the potential to become effective, cost-efficient and equitable instruments for implementing REDD+ on the ground.

PES require certain preconditions to be satisfied, in particular land stewardship with ‘the right to exclude third parties’, which is not granted in many forest frontiers.

Using spatial targeting toward high-threat, high-service and low-cost areas can dramatically improve PES carbon results. Failing to use these design features can make PES inefficient.

Authors: Wunder, S.

Topic: payment basis, payments for environmental services, climate change

Publisher: Center for International Forestry Research (CIFOR), Bogor, Indonesia

Publication Year: 2009

ISBN: 978-6-02-869303-5

Source: Angelsen, A. with Brockhaus, M., Kanninen, M., Sills, E., Sunderlin, W. D. and Wertz-Kanounnikoff, S. (eds). Realising REDD+: National strategy and policy options. 213-224

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This work is licensed under a Creative Commons Attribution 4.0 International License.

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