Utilizing payments for environmental services for REDD in Developing Countries: challenges and policy options
This paper from the Center for Clean Air Policy (CCAP) explores how models of payment for environmental services (PES) programs could be applied in the context of reducing emissions from deforestation and forest degradation (REDD). The paper discusses a range of key elements and issues that would need to be addressed to develop and implement a successful PES program to protect forest areas in developing countries. Evaluation of PES and related programs can provide useful lessons about the likely effects of alternative policies that might be enacted domestically to achieve national REDD goals in developing countries, under an international post-2012 climate change agreement.