Any payment arrangements (cash payments, technical or financial assistance, tenure rights, or a share in the benefits generated by watershed protections between those paying for an ecosystem service that is valuable to them or to their constituencies and those who receive the payments and engage in meaningful and measurable activities to secure the sustainable supply of the ecosystem services. (Source: Draft based on Payments for Ecosystem Services, Thomas Greiber, IUCN/2009)

Alternative labels:
payment for environmental service
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