Ecosystem Marketplace-State of Watershed Payments
A global research effort conducted by Ecosystem Marketplace identified a total of approximately 288 payments for watershed services (PWS) and water quality trading (WQT) programs in varying stages of activity over the past 30 years. In 2008, the baseline year, about 127 programs were actively receiving payments or transacting credits. The total transaction value from all programs actively engaged in 2008 is estimated at US$9.3 billion. Over the entire time span of recorded activity, total transaction value is estimated at slightly more than US$50 billion, impacting some 3.24 billion hectares. This report has 3 objectives, 1) to use project-level data to estimate the overall size and scope of the payments directed to protest or restore watershed services; 2) to account for the full spectrum of watershed services activities and track changes going forward, and 3) to look ahead at the opportunities and challenges based on the current level of transactions, experimentation, and lessons learned. Featured in News: USAID RM Portal Featured Stories, September 7, 2010.
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Ecosystem Marketplace-State of Watershed Payments
Author(s):
Tracy Stanton,
Marta Echavarria,
Katherine Hamilton,
Caroline Ott
Publication Date: 2010
Location: Global
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A global research effort conducted by Ecosystem Marketplace identified a total of approximately 288 payments for watershed services (PWS) and water quality trading (WQT) programs in varying stages of activity over the past 30 years. In 2008, the baseline year, about 127 programs were actively receiving payments or transacting credits. The total transaction value from all programs actively engaged in 2008 is estimated at US$9.3 billion. Over the entire time span of recorded activity, total transaction value is estimated at slightly more than US$50 billion, impacting some 3.24 billion hectares. This report has 3 objectives, 1) to use project-level data to estimate the overall size and scope of the payments directed to protest or restore watershed services; 2) to account for the full spectrum of watershed services activities and track changes going forward, and 3) to look ahead at the opportunities and challenges based on the current level of transactions, experimentation, and lessons learned. Featured in News: USAID RM Portal Featured Stories, September 7, 2010.