This case study shares the experience of Fondo Accion (FA) in the implementation of two Payment of Environmental Services (PES) schemes in Colombia. The document is intended to share the lessons learned on these two PES experiences with Mulanje Mountain Conservation Trust (MMCT) and other RedLAC and CAFÉ affiliate funds. Furthermore, it provides clear and relevant information about the favorable conditions for an efficient performance of this financial mechanism in the preservation of biodiversity and other environmental services, as well as about issues that may hinder its performance.
This case study analyses the interaction between MMCT and Fondo Accion while sharing the experience of two PES schemes in Colombia. One of them addresses hydric ecosystem services in one municipality in the Andean Region, San Vicente de Chucurí, where users of the ecosystem service (ES) make in-kind payments to the service providers. The other scheme is implemente d in several municipalities in seven different regions of the country, where the international community makes payments in cash to cattle farmers for two different ecosystem services: biodiversity conservation and carbon emission reduction.