Payment for Ecosystem Services

Reference Title	Payments for Ecosystem Services and Food Security
Date Published	2011
Authors	Food and Agriculture Organization (FAO) of the United Nations
Summary	PES can be used as a benchmark by which policy-makers, investors, NGOs, landowners and local people who benefit from ecosystem services can evaluate their approaches and determine if they are supporting a sustainable model of development. In this case, sustainable would mean that it recognizes the right of people to guide their own development, seeks environmental integrity, enhances economic resilience, supports food security and embodies the principles of equity and justice. Those who embrace PES embark on a journey that requires thoughtful steps, starting with putting a monetary value on natural resources and developing market mechanisms to protect ecosystem services. This book is meant to take those with background knowledge into new realms of technical understanding, but also to take newcomers to the PES mandate on a thoughtful journey, raising awareness in their consciousness as to what is needed and what can be accomplished by individuals with a strong sense of commitment.
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