Payments for Ecosystem Services (PES) is a type of market-based incentive system offered to farmers or landowners in exchange for managing their land to provide some ecological services for society or end-users. PES is considered and implemented as part of nature-based solutions under the Sendai Resilience Framework, contributing to disaster risk reduction and climate change adaptation with socio-economic benefits in an integrated manner. Under the “UN Decade on Ecosystem Restoration 2021-2030” declared by UN General Assembly in 2019, the value of the PES has remained as one of the new financial instruments. At the 25th Session of the FAO Committee of Forestry in 2020, PES was emphasized as one of the innovative financing modalities for forest conservation, restoration, and sustainable use, to address deforestation. This call to action recognizes the need to speed up the restoration of damaged ecosystems to combat the global warming problem, improve food security, provide clean water, and conserve the planet’s biodiversity
The application of PES in the AFoCO region is at various stages of development. In 2014, AFoCo organized an international thematic workshop on PES entitled “How PES serves Livelihood of Forest Community in the Southeast Asia Region” in Da Lat, Lam Dong Province, Viet Nam. Participants from Cambodia, Indonesia, Republic of Korea, Lao PDR, Malaysia, Myanmar, Philippines, Thailand, and Viet Nam voiced out at the workshop, including a field visit to the Sun Lao community of Don Duong District, Lam Dong Province.