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Press Advisory


REPORT ABOUT LEGAL FRAMEWORKS FOR PAYMENT FOR ECOSYSTEM SERVICES IN LATIN AMERICA AND THE CARIBBEAN TO BE LAUNCHED AT THE OAS

  June 17, 2009

The Executive Secretariat for Integral Development (SEDI) of the Organization of American States (OAS), through its Department of Sustainable Development, will launch the publication “Legal Institutional Frameworks for Payment for Ecosystem Services: Eight Country Analysis”. This publication examines trends, lessons and experiences that have been developed in the region, as well as the contribution of legal frameworks in facilitating the implementation of Payment for Ecosystem Services. The launch of the publication will take place at the lobby of the Padilha Vidal Room at the OAS GSB Building on June 19, 2009

In addition to the legal analysis, the publication includes an institutional and economic review, identifying methodologies used to develop PES transactions. Furthermore, this publication presents best practices for PES implementation and the inputs that currently underpin the legal and institutional frameworks of this mechanism in eight Member States: Dominican Republic, Bolivia, Chile, Costa Rica, Colombia, Ecuador, Panama and Peru.

The publication is part of an effort by the Department of Sustainable Development to contribute trends in alternative, innovative, and market-based approaches to address natural resource management, environmental protection and biodiversity conservation among member countries.

Reference: AVI-026/09