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Episode 6: Brian Bean on Payment for Forest Environmental Services (PFES)

Vietnam

“The services that forests provide – in terms of reducing the impacts of climate change and sequestering carbon – those benefits start to expand beyond just the individuals in the households who are living in that forest. We all are actually benefiting from PFES all over the world.” Winrock’s Brian Bean explains how the Payment for Forest Environmental Services system in Vietnam allows beneficiaries of forest environmental services, like hydrological protection for watersheds and waterways, to pay into a fund that is distributed to forest owners to financially reward them for their work to protect and support forestland growth.

 

Related

  • Vietnam Forests and Deltas (VFD)

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