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Promoting a Payments for Environmental Services Scheme through the Economic Valuation of Water Resources in the Quita Espuela and Guaconejo Science Reserves, Dominican Republic
Grantee Name: 
Instituto Tecnológico de Santo Domingo
HOTSPOT
Caribbean Islands
AMOUNT
US$59,101
DATES
Mar 2012
-
Mar 2014
Stats
Project Overview Overview
CEPF Strategic Direction Strategy
HOTSPOT
Caribbean Islands
AMOUNT
US$59,101
DATES
Mar 2012
-
Mar 2014

Develop a payment for environmental services (PES) scheme for drinking water and irrigation to support watershed conservation in the Loma Quita Espuela and Loma Guaconejo key biodiversity areas in the Dominican Republic. Information on the economic value of water will be used to design and obtain agreement on a PES scheme involving the country's water authority, environment ministry, and local civil society groups. Furthermore, sustainability will be fostered by building the capacity of key stakeholders.

Strategic Direction: 1 Improve protection and management of 45 priority key biodiversity areas