The incentives for peatland restoration: From pilots to international conventions

Authors:
Tatiana Minayeva

Publication Date:
2019

Abstract/Summary:
Peatland restoration when successful is beneficial for wide range of stakeholders. At the same time ecosystem restoration projects demand serious investments. Anyhow, there is problem to merge those who benefits with those who invest in the projects. The solution is in finding proper incentives related to specific stakeholder groups. Restoring peatlands is enhancing ecosystem services on local and global levels. Local beneficiaries as a rule cannot pay. The global beneficiaries such as Multilateral Environment Agreements (MEAs) can pay but demand clear accounting mechanisms to demonstrate benefit before the investment. This presentation covers case studies which demonstrate the benefits on the local, regional and global levels. The methods are demonstrated for how to upscale peatland restoration pilot outcomes and generate incentives for regional, national, and global players and investors. The approach for accounting for the input of peatland restoration to climate change mitigation and adaptation is suggested for pilots in Mongolia and Russia. The pilots are considered as demonstration projects for the integration of ecosystem-based solutions to the National Determined Contributions under the Paris Agreement.

Resource Type:
Audio/Video, Conference Presentation, SER2019

Pre-approved for CECs under SER's CERP program

Source:
Society for Ecological Restoration