Dr Nguyen Chi Thanh, senior forest and wetland consultant and a member of the PFES policy board, explained the initiative to participants at the Southeast Asia Regional Workshop yesterday in Ha Noi, titled Economics of Ecosystems and Biodiversity (TEEB) and the Green Economy. Viet Nam has pioneered the development of the Payment for Forest Environment Services (PFES) programme, which aims to protect and preserve the country’s natural heritage.
Thanh said the Prime Minister’s September decree was a step forward on the pilot payment for the forest environmental service that will improve the economic aspect of ecosystems. Read More