Climate 1.5 by Winrock International
Climate 1.5, a series by Winrock International, is inspired by the urgent goal outlined in the Paris Agreement, brokered by former Winrock board member Christiana Figueres, to limit global warming to 1.5 degrees Celsius. Winrock’s Climate 1.5 series features climate experts in 1.5 minutes — because when it comes to climate action, there’s no time to waste.
Climate 1.5 by Winrock International
Episode 6: Brian Bean on Payment for Forest Environmental Services (PFES)
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Winrock International
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Season 1
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Episode 6
“The services that forests provide – in terms of reducing the impacts of climate change and sequestering carbon – those benefits start to expand beyond just the individuals in the households who are living in that forest. We all are actually benefiting from PFES all over the world.” Winrock’s Brian Bean explains how the Payment for Forest Environmental Services system in Vietnam allows beneficiaries of forest environmental services, like hydrological protection for watersheds and waterways, to pay into a fund that is distributed to forest owners to financially reward them for their work to protect and support forestland growth.