The Katoomba-CARE Payments for Ecosystem Serivices (PES) Contract Toolkit houses a growing collection of transactional resources for use by communities, project developers and lawyers interested in contracting for ecosystem services. Our goal is to make low-cost transaction guidance readily accessible to interested parties. Resources include template contracts, example clauses, and contract drafting and design information. The toolkit is updated and populated with additional resources on an ongoing basis. By providing a variety of tools at one site, we hope to build technical capacity as well as confidence in PES as a natural resource management tool.
As interest in forest carbon projects grows, legal questions associated with these transactions are also on the rise. In this guidance document, Duke Law and the Katoomba Group explain a model forest carbon purchase agreement clause-by-clause in order to provide essential information about contracting for forest carbon, as well as examples of relevant contractual language.
DISCLAIMER: Template contracts, clauses, documents, and links on this site are offered to highlight issues that should be considered in PES transactions, not to provide a substitute for experienced, local legal counsel. As this field is evolving rapidly, it will be essential to engage legal counsel in conjunction with any PES transaction to ensure that any agreements reflect the latest developments in the field and comply with current local and national legislation.
This website is made possible by the generous support of the American people through the United States
Agency for International Development (USAID), under the terms of the TransLinks Cooperative Agreement
No.EPP-A-00-06-00014-00 to The Wildlife Conservation Society (WCS). TransLinks is a partnership of WCS, The Earth
Institute, Enterprise Works/VITA, Forest Trends and The Land Tenure Center. The contents are the responsibility of the
authors and do not necessarily reflect the views of USAID or the United States Government.