The Katoomba Group's Legal Initiative Developing Legal Clarity for Ecosystem Services Markets & PaymentsDownload the flyer
Markets and payments for ecosystem services (PES), including those for carbon, water, and biodiversity, raise complex legal questions. Yet, little guidance exists for understanding and navigating applicable laws and regulations. Similarly lacking is information about “best practices” for ensuring that PES agreements are equitable, sustainable, and environmentally effective. This uncertainty affects all stakeholders, from communities to project developers to and other ecosystem service providers, investors, and policymakers.
Forest Trends and the Katoomba Group's Legal Initiative work to clarify PES legal issues and address technical gaps. Specifically, we: