Using Water Funds to Finance Watershed Conservation in the Andes and Costa Rica (2010)

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The Nature Conservancy promote water funds to protect land and water, biodiversity, social justice and distributional justice. The institutional mechanism was established which aims to bring together water users to pay for conservation on the voluntary basis. The funds are then used for water benefits, landscape restoration, fundraising and governance. In Ecuador, Fondo para la Conservación del Agua (FONAG) help to ensure long term water services for the population of Quito. It receives money from government, privation companies and NGOs. The project achieved an endowment of $5.4 million from 2000 to 2008.In Terraba Watershed of Costa Rica, the communities received support from private sector such as pineapple grower and PINDECO (Pineapple Development Corporation) for forest fire control and reforestation. This is an example of how PES can be more than financial benefits – benefit sharing and co-investment.
Year: 2010
Language: English
In: Mountain Forum Bulletin, Volume X, Issue 1, Janaury, 2010,

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 Record created 2011-12-21, last modified 2013-01-17