In Ecuador the organization Fundacion Cordillera Tropical (FCT) convinced in 2008 the Hydroelectric company Hidropaute to support the conservation of the six Nudo del Azuay watersheds and reduce sedimentation of the Daniel Palacios Dam. Direct payments of $30/hectare/year were made to landowners in upstream watersheds for adopting conservation practices. Payments were derived from petroleum profits and therefore the long term sustainability needs to be reviewed.
This is an example of how PES can be modified (or needs to broaden its definition – based on trust, and co-benefitting and co-investment
