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Payment for Ecosystem Services in Cambodia: Challenges and Potential

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Water and Power

Part of the book series: Advances in Global Change Research ((AGLO,volume 64))

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Abstract

Payment for ecosystem services PES has been identified as a sustainable financing strategy for conservation and local livelihood improvement in Cambodia. It is based on a market approach in which ecosystem beneficiaries or users pay money or other nonmonetary incentives to ecosystem service providers or park managers to protect their natural resources. The PES schemes in Cambodia are currently being implemented by conservation organizations and are small scale, operating with a very limited legal basis and unclear property rights. Despite these challenges, they have shown significant impacts on both conservation and local livelihoods. If well designed with legal and political supports, PES could potentially fund the conservation of shrinking natural resources, for which the Cambodian government usually lacks a budget, and improve the well-being of both local communities and business owners.

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Notes

  1. 1.

    REDD+ refers to the UN Framework Convention on Climate Change program to reduce emissions from deforestation and forest degradation, recognizing the role of conservation, sustainable management of forests, and enhancement of forest carbon stocks in developing countries.

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Correspondence to Soriya Yin .

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Yin, S., Vang, S. (2019). Payment for Ecosystem Services in Cambodia: Challenges and Potential. In: Stewart, M., Coclanis, P. (eds) Water and Power. Advances in Global Change Research, vol 64. Springer, Cham. https://doi.org/10.1007/978-3-319-90400-9_7

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