The Strength and the Weaknesses of Pay for Ecosystem Services (PES)

All living things need external energy supply. Most plants can photosynthesize, and some bacteria use natural chemical energy. Many other organisms require different kinds of energy to grow. In addition to this biological need of human beings, technologically advanced society is becoming weaker in relying on external energy to produce many products. Especially in the advancement of this technology, the wonderful convenience of modern life makes it possible for people to live in various climatic conditions.

Payment to ecosystem services (PES) may be an innovative program designed to motivate society to protect the natural ecosystem. Ecosystem service payment (PES) is any transaction made to a service provider by a service user based on conditionally agreed rules to generate natural resource management for offsite services . Since temporary ecosystem services are integrated into the economic market, PES is often considered a regulatory or cultural ecosystem service. However, mentioning only the number of trees selling carbon may be a devastating way. For example, companies that sell carbon stocks may only grow species growing rapidly in the land, so biodiversity and soil quality may decline. This is a tradeoff between competing ecosystem services. In addition, the same company may plant trees in remote areas, probably plant trees on other continents and change the living conditions of indigenous peoples.

Ecosystem Services Payment (PES) Winnie Lau, Marine Ecosystem Services (MARES) Program, Forest Trend PES and other market-based strategies have created a mechanism to capture the value offered by several well-functioning ecosystems Provide and contribute thereby. Please protect them. Healthy marine ecosystems play a crucial role in ensuring human well-being, some of which play an important role in policy and political will, in part lacking economic incentives, It is not protected for procurement. While ecosystem valuation can provide information on policy making and produce political and financial incentives, PES can conduct evaluations and provide innovative and sustainable sources of funds for conservation. PES transactions are raised immediately and raised awareness. This will help to create more political will to marine protection.