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