| ecosystem service markets in Macedonia |
Protected areas have traditionally relied on funding from
central government and international donors. These
have, however, rarely proved sufficient to ensure that an
adequate budget is available for biodiversity
conservation. Protected areas across the world are
facing a pressing funding crisis, prompting the search for
new and secure sources of finance which can sustain
them into the future. The development of new charges
and markets for protected area ecosystem services (such
as support to watershed protection, carbon sequestration
or fisheries production), in particular, show great potential
for generating protected area funding.
We have been working with the United Nations
Development Programme (UNDP) in Macedonia to
assess the value of protected area ecosystem services
and to develop business plans and sustainable financing
strategies for Tikves Strict Natural Reserve and Matka
Canyon Natural Monument. At a national level, we have
been identifying the potential to operationalise new
markets for ecosystem services, and develop the
legislation that is necessary to support them.
central government and international donors. These
have, however, rarely proved sufficient to ensure that an
adequate budget is available for biodiversity
conservation. Protected areas across the world are
facing a pressing funding crisis, prompting the search for
new and secure sources of finance which can sustain
them into the future. The development of new charges
and markets for protected area ecosystem services (such
as support to watershed protection, carbon sequestration
or fisheries production), in particular, show great potential
for generating protected area funding.
We have been working with the United Nations
Development Programme (UNDP) in Macedonia to
assess the value of protected area ecosystem services
and to develop business plans and sustainable financing
strategies for Tikves Strict Natural Reserve and Matka
Canyon Natural Monument. At a national level, we have
been identifying the potential to operationalise new
markets for ecosystem services, and develop the
legislation that is necessary to support them.
© Environment Management Group 2012
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