The risks posed by forest destruction throughout the world are highly significant for all. Not only are forests a critical source of timber and non-timber forest products, but they provide environmental services that are the basis of life on Earth. However, only rarely do beneficiaries pay for the goods and services they experience, and there are severe consequences as a result for the poor and for the forests themselves. It has proved difficult to translate the theory of market-based approaches into practice. Based on extensive research and case studies of biodiversity conservation, watershed protected and carbon sequestration, this book demonstrates how payment systems can be established in practice, their effectiveness and their implications for the poor.

One of the aims of the CoLUPSIA project is to explore options for establishing payments for ecosystem services (PES) within the two districts where the project is working: Seram and Kapuas Hulu. These guidelines were prepared to support the CoLUPSIA team in completing this assessment and have since been revised to incorporate some findings from the field assessments.

Payments for Environmental Services (PES) are being considered worldwide with great interest and expectation. Proposals to create agreements in which beneficiaries of environmental services pay landowners directly for the provision or protection of these services are innovative and promising. But what real PES experiences are actually out there? This work assesses a range of PES or PES-type experiences in one country, Bolivia, in the fields of carbon sequestration, protection of watershed services, biodiversity and aesthetic landscape values. The report concludes that while none of the generally young initiatives adhere fully to the principle of PES as developed in the theoretical literature, many experiment with some of the relevant PES mechanisms. Protection of watersheds and landscape values are the most common types, though the implementing intermediaries often have underlying biodiversity-protection goals. Main obstacles to PES implementation include ideological resistance against the PES concept, the difficulty of building trust between buyers and sellers, and limited willingness to pay on behalf of service users. During their relatively short lifetime, basically all initiatives had been successful in making service sellers (PES recipients) better off in economic terms, while the effectiveness in achieving environmental objectives and securing positive social impacts so far remained more variable. In some cases, redesigning these initiatives to bring them closer to the full PES principles could also enable them to more effectively achieve positive environmental and livelihood outcomes.

This resourceful book draws on several case studies to derive implications for the design of Payment for Environmental Services (PES) schemes that are very relevant to current climate change negotiations and the implementation of Reduced Emissions from Deforestation and forest Degradation (REDD) schemes at the national level. With its focus on livelihoods, the book also provides important lessons that are relevant to the design of PES schemes focusing on environmental services other than carbon conservation. Drawing practical lessons for the design of activities aimed at reducing deforestation and forest degradation while benefiting rural people, this book will appeal to academics, practitioners and students involved in the fields of environment and natural resource management, forestry and development studies. This insightful study is accessible also to non-experts in presenting the key issues faced in avoiding deforestation and benefiting livelihoods.

This book, which contains 14 chapters, considers the interactions between forestry and environmental (climatic) change, from social and economic perspectives. Topics discussed include: deforestation in temperate and tropical forests, the application of forest zoning as an alternative to multiple use forestry, capital management, establishment of large-scale reserves in temperate and boreal forests, and social revolutions in forest management. This book will be of significant interest to those studying forestry, climate change and natural resource economics.

Practical ideas provided by a case study of the Panama Canal Watershed Exciting opportunities await the use of market mechanisms for protecting forest ecosystems. However, questions remain on how to best apply these mechanisms. Emerging Markets for Ecosystem Services: A Case Study of the Panama Canal Watershed provides an integrated, interdisciplinary methodological approach for evaluating market opportunities for watershed services, carbon sequestration, and biodiversity protection. Using the Panama Canal Watershed as a case study example, this probing resource addresses the main questions often asked about the various practical aspects of the emerging markets for ecosystem services, including quantifying value, payment structure, and equitable distribution of benefits. Environmental issues are often at odds with economic and business concerns. Emerging Markets for Ecosystem Services examines practical strategies to integrate diverse aspects into coherent strategies that benefit all. A scientific overview of the science and current knowledge provides a solid foundation to build policy and positive direction using the Panama Canal Watershed as an example. This unique resource sheds useful light on the challenges and provides insightful recommendations for areas struggling with ecosystem issues and the application of market mechanisms. This text is extensively referenced and includes several tables to clearly illustrate data. Topics in Emerging Markets for Ecosystem Services include: an overview of carbon sequestration in natural forests, exotic plantations, native plantations, and agroforestry systems policy tools to help reduce barriers to selling carbon credits alternatives for increasing demand for land-use-based carbon sequestration actions to encourage land managers to protect water quantity and quality receiving full value of watershed protection approaches to bioprospecti

Recent history reveals that both the large-scale reforestation projects of the 20th century have often been less successful than anticipated, and that tree growing by smallholders – as an alternative means to combat deforestation and promote sustainable land use – has received relatively little attention from the scientific and development communities. Taking a first step to addressing that balance, this collection of peer-reviewed papers adopts a comparative approach to explore the potential role that tree growing by farmers can play in sustainable forest management. The goal of this approach is to identify common threads and to start to develop a framework for future research and practice. Presenting case studies from the Philippines and comparative data from a number of Asian countries the book reveals that farmer tree growing has the potential to play a significant role in sustainable forest management, and discusses the surrounding issues which must be addressed in order to realise this potential. The book is primarily aimed at research scientists and graduate students interested in relevant aspects of forestry, agroforestry, agricultural diversity, natural resource management and conservation in agricultural landscapes, as well as those involved in sustainable development and international development studies. It will also provide a valuable reference for professionals, managers, consultants, policy makers and planners dealing with issues in sustainable development, natural resource management, land use change issues and participatory approaches to resource management.