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Institutional readiness for payments for ecosystem services: Stakeholder perspectives from Sri Lanka
Shanali M Fernando1,2, Karl-Heinz Feger3, Lulu Zhang4
1Institute of Soil Science and Site Ecology, Faculty of Environmental Sciences, Technische Universität Dresden, Pienner Straße 21, 01737, Tharandt, Germany. shanali.fernando@mailbox.tu-dresden.de.
Payments for Ecosystem Services (PES) shows promise for sustainable resource management but faces stakeholder skepticism in Sri Lanka. Early knowledge sharing and collaboration are crucial for successful PES implementation and long-term viability.
Area of Science:
- Environmental economics
- Conservation science
- Sustainable development
Background:
- Payments for Ecosystem Services (PES) is an emerging market-based instrument for sustainable resource management.
- PES is relatively novel in many developing countries, including Sri Lanka.
- Understanding stakeholder perceptions is vital for successful PES implementation.
Purpose of the Study:
- To explore the perspectives of buyers, sellers, and intermediaries on PES in Sri Lanka.
- To assess stakeholder willingness to engage in PES schemes.
- To identify factors influencing the early implementation readiness of PES.
Main Methods:
- A semi-structured questionnaire survey was employed.
- Data was collected from various stakeholder groups involved in PES.
- Stakeholder perceptions regarding PES feasibility and engagement were analyzed.
Main Results:
- Intermediaries exhibited higher optimism towards PES compared to buyers and sellers.
- Buyers and sellers expressed caution and skepticism regarding PES feasibility.
- Varying levels of willingness to engage in PES were observed across stakeholder groups.
Conclusions:
- Early knowledge dissemination is essential to address misconceptions and build stakeholder confidence in PES.
- Collaborative engagement among all stakeholder groups is recommended for successful PES implementation.
- Sri Lanka's evolving institutional landscape makes it a relevant case study for PES stakeholder perception research.
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