Payment for Ecosystem Services (PES)

Payment for Ecosystem Services (PES) is a financial incentive designed to encourage the conservation and sustainable management of natural resources. It involves compensating individuals or communities for practices that protect ecosystems—like forests, wetlands, or watersheds—that provide essential services, such as clean water, carbon storage, and biodiversity. By valuing these services, PES aims to create a win-win situation: it supports environmental health while providing financial benefits to those who maintain these vital ecosystems. This approach recognizes the importance of nature and incentivizes efforts to preserve it for future generations.