Protecting Bolivia's forest watersheds with sustainable finance
Reported byBirdLife International ↗·Sourced by Goodlede
Asociación Armonía has planted 1.25 million trees in Tunari National Park, Bolivia, and is now developing a Payment for Ecosystem Services mechanism to secure long-term financing for watershed protection serving over 1 million people in the Cochabamba region.
The PES mechanism is proposed and still taking shape; implementation and effectiveness will depend on securing committed funding.
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