Assessment of Financial Instruments and Payment for Ecosystem Services Model Application for Rare and Endangered Species Preservation in Thailand

AFoCO-NIFoS Research Project

PROJECT VALUE BY COUNTRY

  • USD 36,960

PROJECT VALUE BY FUNDING SOURCE

  • AFoCO Funding

    USD 30,960 83.77%

  • National Contribution

    USD 6,000 16.23%

PROJECT BUDGET BY YEAR

Thailand USD 42,960
    • 2022
    • 33%
    AFoCO Funding - USD 11,021
    National Contribution - USD 3,000
    • 2023
    • 67%
    AFoCO Funding - USD 25,939
    National Contribution - USD 3,000

Goals & Objectives

With the pilot site located in Yan Yao Khao Wong Krasum National Reserved Forest, Surat Thani Province, Thailand, the project objectives are to:

  • Assess the status of existing financial instruments for rare and endangered species preservation in the pilot site; and,
  • Apply a suitable​ Payment for Ecosystem Services (PES) model for rare and endangered species preservation in the pilot site.

Expected Outputs

  • Report on the PES Identification and Feasibility, including:
    • Report on the baseline ecosystem services in the Ban Nam Rad watershed forest, as well as the habitat status of rare and endangered species that can be used as main species in the PES project.
    • Report on the various stakeholders in the conservation of the Ban Nam Rad watershed forest/identify conservation groups and beneficiaries
  • Report on the suitable PES model for rare and endangered species preservation in the pilot site, including:
    • Report on criteria used as a measure of conservation performance and sustainability, such as the diversity of species
  • Develop and disseminate PES Development Guide Book for Community-Based Ecotourism to preserve rare and endangered plant species that provide ecosystem services for tourism (200 copies)
  • Visit to existing model site
  • Publication on “Assessment of PES potential in the Ban Nam Rad Watershed Forest, Surat Thani Province, Thailand” developed
Rare and endangered plants in Yan Yao Khao Wong Krasum National Reserved Forest, Surat Thani Province, Thailand

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