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Payments for Ecosystem Services: Legal and Institutional Frameworks

Greiber, T. 2009. Payments for Ecosystem Services: Legal and Institutional Frameworks. IUCN, Gland, Switzerland.

One of the objectives of this publication is to give recommendations for the future development of legal and institutional frameworks which support water-related Payments for Ecosystem Services (PES) schemes and their implementation.

The document describes: what we understand by water-related ecosystem services and PES; what policy makers should consider when assessing and potentially revising the legal and institutional frameworks for water related PES schemes and which contractual and governance issues should be addressed by PES project developers.

Cases studies are provided from four Latin American Countries: Brazil, Bolivia, Colombia and Peru.