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The role of Payment for Forest Environmental Services (PFES) in financing the forestry sector in Vietnam

The role of Payment for Forest Environmental Services (PFES) in financing the forestry sector in Vietnam

Key messages

  • Despite being a new funding source, PFES now contributes 22% of total forestry sector investment.
  • The impact of PFES funding differs by location and actor group.
  • To enhance the scale of PFES, and its impacts as a key funding source, the sector must sustain and maximize the potential of existing revenue, carry out strategic investment and use of PFES revenue, and expand to include new potential PFES sources.

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DOI:
https://doi.org/10.17528/cifor/006958
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TI  - The role of Payment for Forest Environmental Services (PFES) in financing the forestry sector in Vietnam 
AU  - Pham, T.T. 
AU  - Bui Thi, M.N. 
AU  - Ðào Thi, L.C. 
AU  - Hoàng, T.L. 
AU  - Pham, H.L. 
AU  - Nguyen, V.D. 
AB  - Key messagesDespite being a new funding source, PFES now contributes 22% of total forestry sector investment.The impact of PFES funding differs by location and actor group.To enhance the scale of PFES, and its impacts as a key funding source, the sector must sustain and maximize the potential of existing revenue, carry out strategic investment and use of PFES revenue, and expand to include new potential PFES sources. 
PY  - 2018 
PB  - Center for International Forestry Research (CIFOR) 
PP  - Bogor, Indonesia 
UR  - https://www.cifor-icraf.org/knowledge/publication/6958/ 
DO  - https://doi.org/10.17528/cifor/006958 
KW  - ecosystem services, finance, forestry 
ER  -
%T The role of Payment for Forest Environmental Services (PFES) in financing the forestry sector in Vietnam 
%A Pham, T.T. 
%A Bui Thi, M.N. 
%A Ðào Thi, L.C. 
%A Hoàng, T.L. 
%A Pham, H.L. 
%A Nguyen, V.D. 
%D 2018 
%I Center for International Forestry Research (CIFOR) 
%C Bogor, Indonesia 
%U https://www.cifor-icraf.org/knowledge/publication/6958/ 
%R https://doi.org/10.17528/cifor/006958 
%X Key messagesDespite being a new funding source, PFES now contributes 22% of total forestry sector investment.The impact of PFES funding differs by location and actor group.To enhance the scale of PFES, and its impacts as a key funding source, the sector must sustain and maximize the potential of existing revenue, carry out strategic investment and use of PFES revenue, and expand to include new potential PFES sources. 
%K ecosystem services 
%K finance 
%K forestry