The purpose of this paper is to provide the GEF with strategic advice on payments for environmental services (PES). Specifically, we: (i) assess which GEF investments in PES are most likely to generate global environmental benefits (GRBs), and (ii) outline the implicit assumptions in each of these main “entry points” for GEF investments. Our assessment and advice are based upon a literature review and our own international PES expertise, including vis-à-vis GEF’s mandate (see Nasi et al. 2002).
Payments for environmental services and the global environment facility: A STAP advisory document
Year: 2010