word
payments for ecosystem services
PAY-ments fer EE-koh-sis-tem SER-vis-ez
ˈpeɪmənts fər ˈiːkoʊˌsɪstəm ˈsɜːrvɪsɪzListen
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Syllable breakdown
paymentsforecosystemservices
Dictionary meaning
a market-based conservation mechanism in which the beneficiaries of ecosystem services, such as clean water users or carbon offset buyers, pay the land managers who maintain those services, such as forest owners or farmers; designed to make conservation financially competitive with destructive land uses; examples include REDD+ programs paying forest communities to avoid deforestation, and watershed protection payments made to upstream farmers by downstream water utilities
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