Payments for Environmental Services (PES) are a new model of ‘conditional conservation’ that promises to be more efficient and equitable, and which can also help raise additional environmental funding. As such, PES are of interest to GEF’s mandate and objectives for natural resource management and climate change mitigation. In this 20-page report, STAP reviews the theory of PES and the evidence for its effectiveness, and provides advice on how to use PES to deliver Global Environmental Benefits (GEBs).
PES Flyer
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PES Report |
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Who is the report for?
The report is for use at several levels in the GEF, since its release it has been used to:
- Update the GEF Council on the science of PES
- Inform the development of GEF-5 focal area strategies and programming
- Inform the design of projects by GEF agencies
- Assist the GEF Secretariat and Science Panel in assessing and screening project proposals.