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2023 May 10Target 15: By 2020, the establishment and implementation of mechanisms for payments for ecosystem services including carbon stocks, should generate increased revenue.
Benefits from compensation mechanisms within the conservation framework are yet to be implemented at the national level. The recent adoption of a National REDD RPP provides the orientation for a national framework to ensure that benefits are generated from ecosystem services.
The effective implementation of this new plan therefore requires mechanisms for the payment of carbon stocks and REDD+ to be put in place with pilot initiatives in the ecosystems generating income for its wide beneficiaries, promotion and encouragement of additional voluntary payment mechanisms for utilization of biological and genetic resources by the business sector.