This brief underscores the economic and environmental importance of forests and looks at ways Asia and the Pacific can develop innovative payments for ecosystem services (PES) that preserve its forests and underpin sustainable development.
The brief explains the region is home to 20% of the world’s forests, which are increasingly under threat as the push for development clashes with the need for ecosystem protection. Urging an integrated approach, it sets out how governments can set up PES enabling environments, delves into financing challenges, and shows how G20 and G7 countries can support project funding to help take forest finance mainstream.