Payment for Ecosystem Services (PES) Training Resource Matrix


June 2011

This matrix of PES training resources is organized by audience sector, audience level of familiarity of PES concepts, and ecosystem service type. Trainers designing programs can use this matrix to identify supporting resources appropriate for session participants and purpose. Hover over the titles below, and a full citation will expand along with a web link (if available). The resources compiled below are not exhaustive; please email therbert(at) if you have suggestions for additional materials to include. We welcome your input!


Ecosystem Service Type










Bundled / Integrated

  All levels Beginner Intermediate Advanced Beginner Intermediate Advanced Beginner Intermediate Advanced Beginner Intermediate Advanced

Carroll, Nathaniel & Michael Jenkins. 2008.The Matrix: Mapping Ecosystem Services Markets. Washington, DC: Ecosystem Marketplace.

Hamilton, Katherine, Unna Chokkalingam, & Maria Bendana. 2010. State of the Forest Carbon Markets 2009. Washington, DC: Ecosystem Marketplace.

Hamilton, K atherine, Molly Peters-Stanley, & Thomas Marcello. 2010. State of the Voluntary Carbon Markets 2010. Washington, DC: Ecosystem Marketplace.

Williams, Harriet & Jon Cracknell, 2010. Saving the Rainforests: Civil Society Mapping; Project Report; Maps. Maidenhead, UK: Environmental Funders Network.

Parker, Brown, Roynestad Pickering, & Mitchell Mardas. 2009. The Little Climate Finance Book. Oxford, UK: Global Canopy Programme, John Krebs Field Station.

UN-REDD Programme. 2009. Operational Guidance: Engagement of Indigenous Peoples and Other Forest Dependent Communities. Working Document, June 25, 2009. Geneva: Switzerland.

Bernadinus, Steni, ed. 2010. Beyond Carbon: Rights - Based Safeguard Principles in Law. Jakarta, Indonesia: HuMa.

Knight, Stephenson. 2010. National REDD+ Funding Frameworks and Achieving REDD+ Readiness: Findings from Consultation. Report for the Conservation Finance Alliance. New York, NY: PricewaterhouseCoopers, LLP.

Baker & KcKenzie & Covington & Burling LLP. 2009. Background Analysis of REDD Regulatory Frameworks. Geneva: Switzerland: UN-REDD Programme & Terrestrial Carbon Group.

Ecosystem Marketplace. 2008. Diving into Water Markets: Taking Stock of Water Markets and the Future of Payments for Ecosystem Services. Washington, DC: Forest Trends.

Asquith, Nigel & Sven Wunder (eds). 2008. Payments for Watershed Services: The Bellagio Conversations. Santa Cruz de la Sierra, Bolivia: Fundación Natura Bolivia.

Stanton, Tracy, Marta Echavarria, Katherine Hamilton, & Caroline Ott. 2010. State of Watershed Payments: An Emerging Marketplace. Washington, DC: Ecosystem Marketplace.

Workman, James G. 2009. Heart of Dryness: How the Last Bushmen can Help Us Endure the Coming Age of Permanent Drought. New York, NY: Walker Publishing Company.

Bayon, Ricardo. 2008. Biodiversity Banking, a Primer. Washington, DC: Forest Trends.

Bovarnick, Andrew, Chris Knight & Jim Stephenson. 2010. Habitat Banking in Latin America and Caribbean: A Feasibility Assessment. Geneva, Switzerland: United Nations Development Programme.


Marshall, Liz & Mindy Selman. 2010. Markets for Ecosystem Services: Principles, Objectives, Designs and Dilemmas. Washington, DC: World Resources Institute.

Climate, Community and Biodiversity Alliance. 2008. Climate, Community and Biodiversity  Project Design Standards, 2nd Edition. Washington, DC.

Herbert, Tommie, Rebecca Vonada, Michael Jenkins & Ricardo Bayon, R. 2010. RedLAC Capacity Building Project for Environmental Funds: Case Studies - FONAFIFO, FONAG, The Monarca Fund, Zapaliname Mountain Range. Juan Manuel Frausto Leyva. - Rio de Janeiro: RedLAC.

Governments & Policy Makers

BSR. 2009. 2009 State of Global Ecosystem Services Policy Developments. San Francisco, CA.

World Wildlife Fund. 2009. Guide to Conservation Finance. Washington, DC.

Myers, Erin C. 2007. Policies to Reduce Emissions from Deforestation and Degradation (REDD) in Tropical Forests. Washington, DC: Resources for the Future.

Waage, Sissel. 2007. Investing in the Future: An Assessment of Private Sector Demand for Engaging in Markets & Payments for Ecosystem Services.Rome, Italy: FAO and Washington, DC: Forest Trends.

Costenbader, John (ed). 2009. Legal Frameworks for REDD: Design & Implementation at the National Level. Gland, Switzerland: IUCN.

Takacs, David. 2009. Forest Carbon: Law + Property Rights. Conservation International, Arlington, VA, USA.

United Nations Environment Programme. 2004. Legal Issues Guidebook to the Clean Development Mechanism. Geneva, Switzerland.

World Resources Institute. 2010. Climate Analysis Indicators Tool. Washington, DC.

Ingram, J Carter & David Wilkie. 2008. Governance of the Global Carbon Market: Does Scale Matter? Washington, DC: Translinks Program of the Wildlife Conservation Society.

Forest Stewardship Council. 2007. Principles & Criteria for Forest Stewardship. Minneapolis, MN.

Translinks. 2007. Beyond Boundaries: Zoning as a Tool to Link Conservation & Development Tools. Washington, DC.


Porras, Ina et. al. 2008.  All that Glitters: A review of Payments for Watershed Services in Developing Countries. London, UK: International Institute for Environment & Development.

Selman et al. 2009. Issue Brief: Water Quality Trading Programs: An International Overview. Washington, DC: World Resources Institute, WRI Issue Brief No.1.

Harris, Leila M. & Whitney Gantt. 2007. Gender and Shifting Water Governance: Differential Effects of Privatization, Commodification, and Democratization. Madison, Wisconsin: University of Wisconsin Land Tenure Center.

Leibniz Institute of Ecological and Regional Development and Berlin University of Technology.  2009. International Approches to Compensation for Impacts on Biological Diversity. Berlin, Germany.

Bean, Michael, Rebecca Kihslinger, & Jessica Wilkinson. 2008. Design of U.S. Habitat Banking Systems to Support the Conservation of Wildlife Habitat and At-Risk Species. Washington, DC: Environmental Law Institute.

TEEB (2010). The Economics of Ecosystems and Biodiversity for Local and Regional Policy Makers. Geneva, Switzerland: UNEP.

New South Wales Department of Environment & Conservation. 2005. Biodiversity Certification and Banking in Coastal and Growth Areas. Sydney South, New South Wales.

Carrol, Nathaniel, Jessica Fox, & Ricardo Bayon (eds). 2007. Biodiveristy and Conservation Banking: A guide to setting up and running biodiversity credit trading systems. London, UK: Earthscan.

US Environmental Protection Agency. 1995. Federal Guidance for the Establishment, Use and Operation of Mitigation Banks. Washington, DC.

Proforest. 2003. The High Conservation Value Forest Toolkit Part 3: Identifying and Managing High Conservation Value Forests: a guide for forest managers. Oxford: UK.

Greiber, Thomas (ed). 2009. Payments for Ecosystem Services: Legal and Institutional Frameworks. Gland, Switzerland: International Union for the Conservation of Nature.

Turner, Matthew. 2007. Ecological Complexity and the Mangement of Common Property Resources. Madison, Wisconsin: University of Wisconsin, Madison Land Tenure Center.

Jones, Todd, Henry DeBey & Steven Williams. 2009. Constructing a Strategy for Marketing Ecological Services from Private Lands: Stacking vs. Bundling. Washington, DC: United States Department of Agriculture, Office of Ecosystem Services and Markets.

Wunder, Sven. 2008. Necessary Conditions for Ecosystem Service Payments Economics and Conservation in the Tropics, presented at Economics and Conservation in the Tropics: a Strategic Dialogue, Jan. 30-Feb 1, 2008. Washington, DC: Resources for the Future.

NGOs, Trainers, Regional Centers of Excellence

Forest Trends, Katoomba Group & United Nations Environment Programme. 2008. Payments for Ecosystem Services, Getting Started: A Primer. Washington, DC.

Ecosystem Marketplace. 2007. Conservation Economy Backgrounder. Washington, DC.

Prince-Roberts, Jackie & Sissel Waage. 2007. Negotiating for Nature's Services: a Primer for Sellers of Ecosystem Services on Identifying and Approaching Prospective Private Sector Buyers . Washington, DC: Forest Trends.

United States Agency for International Development (USAID). USAID PES Sourcebook, October 2007. USAID, 2007.

Wunder, S. (2005) Payments for Environmental Services: Some Nuts and Bolts. CIFOR Occasional Paper No. 42.

Neeff, Till & Sabine Henders. 2007. Guidebook to Markets and Commercialization of Forestry CDM Projects. Turrialba, Costa Rica: Centro Agronómico Tropical de Investigación y Enseñanza.

Pearson, Walker, Brown, 2005. Sourcebook for Land Use, Land Use Change and Forestry Projects. BioCarbon Fund and Winrock International.


Stephen, Peter. 2009. Introductory Course on Reducing Emissions from Deforestation and Forest Degradation (REDD): A Training Manual. Washington, DC: the Nature Conservancy, Conservation International, Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ), Rainforest Alliance, & World Wildlife Fund.

Global Canopy Programme. 2008. The Little REDD+ Book. Oxford, UK.

Kollmuss, Anja, Helge Zink, Clifford Polycarp. 2008. Making Sense of the Voluntary Carbon Market: A Comparison of Carbon Offset Standards. Washington, DC: WRI.

Ruddell, Steven et al.2007. The Role for Sustainably Managed Forests in Climate Change Mitigation. Bethesda, MD: Society of American Foresters.

Baldo-Soriano, Eleonor et al. 2010. What to do with REDD: A Manual for Indigenous Trainers. Chiang Mai, Thailand: Asia Indigenous Peoples Pact, International Work group for Indigenous Affairs, Forest Peoples Programme, Tebtebba.

Harlan, Julie. 2010. Incentive Based Approaches to Environmental Management and Ecosystem Stewardship. Washington, DC: World Resources Institute.

Ingram, J Carter, et al. 2010. WCS REDD Project Development Guide. Washington, DC: Translinks.

International Institute for Environment and Development. 2009. Community-Based Adaptation to Climate Change: Participatory Learning and Action. London, UK.

International Agricultural Centre & Regional Community Forestry Training Center for Asia & the Pacific. Training Course: Landscape Functions and People - Applying Strategic Planning Approaches for Good Natural Resource Governance. Bangkok, Thailand.

Smith, Mark, Dolf de Groot, Daniele Perrot-Maitre & Ger Bergkamp. 2006. Pay: Establishing Payments for Watershed Services. Gland, Switzerland: IUCN.

Mayers, James, Charles Batchelor, Ivan Bond, Rob Hope, Elaine Morrison & Breana Wheeler. 2009. Water Ecosystem Services and Poverty Under Climate Change: Key issues and Research Priorities. London, UK: International Institute for Environment and Development, London, UK.


Ecosystem Marketplace. Species Banking. Washington, DC.

Bayon, Ricardo. 2008. State of the World: Innovations for a Sustainable Economy. Special Section: Paying for Nature's Services. Chapter 9: Banking on Biodiversity. Washington, DC: the Worldwatch Institute.



Madsen, Becca, Nathaniel Carroll, & Kelly Moore Brands. 2010. State of the Biodiversity Markets: Offset Compensation Programs Worldwide. Washington, DC: Ecosystem Marketplace.

eftec, IIEP et al. 2010. The Use of Market Based Instruments for Biodiversity Protection - The Case of Habitat Banking - Technical Report. London, UK: European Commission DG Environment.

World Resources Institute. 2009. WRI Fact Sheet: Stacking Payments for Environmental Services. Washington, DC.


Farley, Joshua & Robert Costanza. 2010. Payments for Ecosystem Services: From Local to Global. Ecological Economics Vol. 69 Issue 11, 2060 - 2068.

Worldwatch Institute. 2009. State of the World 2009. Washington, DC.


Svadlenak-Gomez, Karin. 2007. Integrating Human Rights into Conservation Programming.  Bronx, NY: World Conservation Society & Washington, DC: Translinks.

Erni, Christian & Tugenhadt Ellen. 2010. What is REDD? A Guide for Indigenous Communities. Copenhagen, Denmark: International Working Group for Indigenous Affairs.


Johnston, Sam & Vicky Tauli-Corpuz. 2010. The Road Ahead: What next for Indigenous People in the Climate Change Negotiations? Geneva: Switzerland: United Nations University-Institute of Advanced Studies

Richards, Michael. 2010. Manual for Social Imact Assessment of Land-Based Carbon Projects, Parts I & II. Washington, DC: Forest Trends.

Echavarria, Marta. 2007. When and Where is a PWS Investment Justified in Biophysical Terms? Quito, Ecuador: Ecodecision.

Wisconsin Department of Natural Resources. 2008. Selecting an Environmental Consultant. Madison, Wisconsin.


The Economics of Ecosystems and Biodiversity (TEEB). For Citizens - TEEB4me. Geneva, Switzerland: UNEP.


de Chavez, Raymond & Victoria Tauli-Corpuz (eds). 2008. Guide on Climate Change & Indigenous Peoples, 2nd Edition. Bagulo City, Philippines: Tebtebba Foundation.

Trammel, Clint, Nancy Gilliam, & Bud Watson. 2007. Climate Resiliant Communities: Forest and Water Strategies (presentation). Sagle, ID: Model Forest Policy Program.

Private Sector

BSR. 2010. Future Expectations of Corporate Environmental Performance: Emerging Ecosystem Services Tools & Applications and Supplementary Materials (2009). San Francisco, CA.

World Business Council for Sustainable Development. 2010. The Guide to Corporate Ecosystem Valuation. Geneva, Switzerland.

World Business Council for Sustainable Development. 2009. Corporate Ecosystem Valuation-Building the Business Case. Geneva, Switzerland.

Waage, Sissel, Emma Stewart, & Kit Armstrong. 2008. Measuring Corporate Impact on Ecosystems: A Comprehensive Review of New Tools. San Francisco, CA: BSR.

BSR. 2007. A Corporate Manager's Guide to Trading in Air, Climate, Water, and Biodiversity Assets. San Francisco, CA.

BSR. 2007. Environmental Markets: Executive Briefing. San Francisco, CA.

World Business Council for Sustainable Development & International Union for Conservation of Nature. 2007. Markets for Ecosystem Services: New Challenges and Opportunities for Business and the Environment. Geneva, Switzerland.

BSR. 2006. Environmental Markets: Opportunities & Risks for Business. San Francisco, CA.

Earthwatch Institute, International Union for Conservation of Nature, World Business Council for Sustainable Development, & World Resources Institute. 2006. Business and Ecosystems - Ecosystem Challenges and Business Implications. Geneva, Switzerland.

Ecosystem Marketplace. 2009. Forests: Taking Root in the Voluntary Carbon Market. Washington, DC: Ecosystem Marketplace.

Ecosystem Marketplace & Business for Social Responsibility. 2008. Offsetting Emissions: A Business Brief on the Voluntary Carbon Market. Washington, DC & San Francisco, CA.

Hanson, Craig et al. 2008. Corporate Ecosystem Services Review. Washington, DC: World Resources Institute.

Bayon, Ricardo, Amanda Hawn & Katherine Hamilton. 2007. Voluntary Carbon Markets: An International Business Guide to What They Are and How They Work. London, UK: Earthscan.

Strandburg, Coro. 2005. Best Practices in Sustainable Finance. Burnaby, BC: Strandburg Consulting.

US Environmental Protection Agency. 2001. Environmental Management Systems: An Implmentation Guide for Small and Medium Sized Organizations. Washington, DC.

Hamilton, Katherine, Milo Sjardin, Allison Shapiro, & Thomas Marcello. 2009. Fortifying the Foundation: State of the Voluntary Carbon Markets 2009. Washington, DC: Ecosystem Marketplace.

Myers, Erin. 2008. Climate Change and Forestry, a REDD Primer. Washington, DC: Ecosystem Marketplace.

World Bank. 2010. State and Trends of the Carbon Market Report. Washington, DC.

Hoekstra, Arjen, Ashok Chapagain, Maite Aldaya & Mesfin Mekonnen. 2009. Water Footprint Manual: State of the Art 2009. Enschede, the Netherlands: Water Footprint Network.

IRBARIS. 2009. CDP Water Disclosure: The Case for Water Disclosure. London, UK: Carbon Disclosure Project

Ecosystem Marketplace. 2008. Water Trading: The Basics. Washington, DC.

Pepsico. 2010. Water Stewardship: Good for Business. Good for Society. Purchase, NY.

Ecosystem Marketplace. 2009. Beyond Carbon: Biodiversity and Water Markets. Washington, DC.

The Coca Cola Company & the Nature Conservancy. 2010. Product Water Footprint Assessments: Practical Applications in Corporate Water Stewardship. Atlanta, GA & Washington, DC.

Ecosystem Marketplace. 2009. Beyond Carbon: Biodiversity and Water Markets. Washington, DC.

International Finance Corporation. 2009. A Guide to Biodiversity for the Private Sector. Washington, DC.


Farley, Josh, André Aquino, Amy Daniels, Azur Moulaert, Dan Lee & Abby Krause. 2010. Global Mechanisms for Sustaining and Enhancing PES Schemes. Ecological Economics Volume 69, Issue 11, 2075 - 2084.

Wildlife Conservation Society & Translinks. 2007. Casting for Conservation Actors. Washington, DC.

BSR. 2010. Future Expectations of Corporate Environmental Performance: Emerging Ecosystem Services Applications and Tools. San Francisco, CA.

Koontz, Ann. 2008. The Conservation Marketing Equation: A Manual for Conservation and Development Professionals. Washington, DC: EnterpriseWorks/VITA.