Journal article

Spatial prioritization to achieve the triple bottom line in Payment for ecosystem services design

S López-Cubillos, RK Runting, AF Suárez-Castro, BA Williams, D Armenteras, J Manuel Ochoa-Quintero, E McDonald-Madden

Ecosystem Services | Published : 2022

Abstract

Payment for ecosystem services (PES) schemes are an increasingly important approach that often try to achieve triple bottom line solutions – achieving biodiversity conservation and social equity–, while minimizing costs. However, when planning for multiple objectives with a limited budget, spatial mismatches and trade-offs between objectives are likely to exist. Here, we present a framework for evaluating the potential spatial trade-offs among different objectives for sound policy- and decision-making. We explore the trade-offs: 1) between water and above-ground carbon storage ecosystem services; 2) among ecosystem services (both individually and when they are considered simultaneously) and ..

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University of Melbourne Researchers

Grants

Awarded by Departamento Administrativo de Ciencia, Tecnología e Innovación (COLCIENCIAS)


Funding Acknowledgements

We are thankful for all the information that Javier Rojas from the Colombian National Planning Department (DNP Spanish acronym) provided about the PES policy design. We also thank Rebecca Chaplin-Kramer, Taylor Ricketts, and Rachel Friedman for making comments on early versions of the manuscript and we also thank three anonymous reviewers. SLC was supported by a doctoral fellowship award from COLCIENCIAS (No. 728) , the Research Training program provided by the Graduate School, along with BAW, and the funds granted by the School of Earth and Environmental Sciences both from the University of Queensland. EMM is supported by an Australian Research Council Future Fellowship. RKR is funded by an Australian Research Council DECRA Fellowship (DE210100492) . AFSC was supported by a Colom-bian Ministry of Education grant (COLCIENCIAS 848) .