Contractual models, tools and guidance manuals to support project developers drafting contracts for ecosystem services and REDD transactions:
The Katoomba-CARE Online PES Contract Management Center offers draft contracts and contract design guides for use by project developers and attorneys involved in transactions for ecosystem services (water, carbon, and biodiversity) and REDD. The online toolbox is updated and populated with related legal resources and tools on an ongoing basis. Our goal is to make low-cost transaction management solutions easily accessible to project developers. By housing tools at one site, we hope to build technical capacity as well as confidence in PES as a natural resource management tool.
Objectives of the Online PES Contract Management Center:
Ensure that parties to contracts (i.e. project developers, communities) have a clear understanding of the rights and responsibilities of contractual arrangements
Reduce transaction costs related to the development of PES and REDD projects
Provide local counsel with expertise on the commercial and transactional aspects of PES contract design
Help to formalize PES transactions so that essential contractual elements are standardized and facilitate a progression towards accepted norms
The Katoomba-CARE Online PES Contract Management Center offers draft contracts and contract design guides for use by project developers and attorneys involved in transactions for ecosystem services (water, carbon, and biodiversity) and REDD. The online toolbox is updated and populated with related legal resources and tools on an ongoing basis. Our goal is to make low-cost transaction management solutions easily accessible to project developers. By housing tools at one site, we hope to build technical capacity as well as confidence in PES as a natural resource management tool.
