Payments for Environmental Services (PES)   

To respond to trade-related capacity building development needs in the area of environmental management, the DSD has worked towards improving market-based approaches for the conservation of biological diversity through the support of Payments for Ecological Services (PES). Innovative financial instruments for conservation, including Payments for Ecological Services are increasingly used as tools to implement conservation policies at the national level. The DSD has identified innovative private sector partnerships in environment-related financing through the compilation of PES systems, recent trends in nature and conservation swap-payment schemes, as well as an assessment of the public sector enabling mechanisms required to support such PES systems. This assessment included an investigation of the role of land tenure and property rights, fiscal and regulatory systems, and other policies.

Some of the outcomes in this area include:

(1) An inventory of Payments for Environmental Services. More...

(2) An analysis of legislation and public policies supporting PES. More...

(3) A compilation of best practices in PES. More...

(4) The development of a hemispheric approach to PES. More...