Katoomba Report part 2: emerging issues in PES
Posted in climate change, Events, News, Tanzania on Oct 22nd, 2008 No Comments »
A number of themes and questions emerged from the Katoomba meeting. The following points are drawn from the various presentations by PES practitioners from Africa and globally
- PES markets are young and it is our responsibility as architects of PES concepts to build a new language and common understanding of PES
- REDD and carbon markets are not silver bullets, although PES is a silver lining. These markets can work together in a matrix
- Large funds for carbon projects (i.e. from Norway) are key but we need to make sure these initiatives and pilot projects work together
- there has been a shift in how we think about development systems moving from conditional aid to contracts and deliverables
- there are many regulatory challenges when working in developing countries and a good framework needs to be in place to facilitate PES mechanisms
- good information and data is still lacking à payments are built on information and markets are built on payments. We need to fill in the gaps and our technological capability to do that is good.
- Education: we need to communicate information and data effectively, to a diverse set of audiences
- Equity: there are challenges regarding equitable distribution of payments i.e. carbon take place at the global level, so how to link this to local settings?
- Partnership: for these markets to work you need partnership between public, private and civil society – you cannot have fair and effective payment mechanisms without all three being involved

