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REWARDING BENEFITS THROUGH PAYMENTS AND MARKETS<br />

Figure 5.6: Strategies for marketing biodiversity joint service provision<br />

• with respect to technical information, it is important<br />

to understand the ecosystem service, who provides<br />

it and how, who benefits (using spatial mapping),<br />

historical and expected future trends in demand<br />

and supply and other contextual factors. Such<br />

information is necessary for appropriate targeting of<br />

payments to those who can actually deliver the<br />

desired service; and<br />

• in terms of governance, trust between beneficiaries<br />

and suppliers (or the potential to build trust) is<br />

essential, along with appropriate legal and institutional<br />

support for monitoring and contract enforcement,<br />

clarity on resource tenure and mechanisms for<br />

redress.<br />

Source: Wunder and Wertz-Kanounnikoff 2009<br />

NEGOTIATION OF PES DEALS<br />

In principle, PES initiatives should be financially selfsustaining<br />

to secure ecosystem services over the long<br />

term. However, where continuous payments by beneficiaries<br />

are not feasible, it may be possible to convert a<br />

one-off payment (e.g. a grant) into long-term flows by<br />

setting up trust funds or to pool payments from different<br />

beneficiaries (see the ‘layering’ strategy in Figure 5.6).<br />

PES have distributional consequences so it is critical to<br />

address issues of ownership, reward and distribution explicitly<br />

to ensure that they do not aggravate existing inequities.<br />

Wide participation in decisions relating to<br />

PES design and implementation can help ensure<br />

transparency and acceptance and avoid the<br />

covert privatisation of common resources. The<br />

distribution of costs and benefits in PES schemes should<br />

<strong>TEEB</strong> FOR NATIONAL AND INTERNATIONAL POLICY MAKERS - CHAPTER 5: PAGE 19

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