In the Media
Equitable benefit sharing and better monitoring needed for REDD+ success in Vietnam
May 29, 2012
CIFOR Forests Blog
Vietnam, the only Asian country that has implemented a law on payment for environmental services (PES), needs to improve the way its funds are managed and distributed, as well as develop monitoring practices, if it wants to benefit from REDD+, a global scheme that rewards developing countries for protecting their forests.
PES, which has been piloted in two provinces in Vietnam since 2008 and is currently being expanded across the country, does not have the policies and structures in place to adequately monitor whether communities are protecting the forests that they have been paid to manage, and whether environmental services have been improved, said Pham Thu Thuy, a scientist at the Center for International Forestry Research and co-author of the recently published paper titled. “The context of REDD+ in Vietnam: Drivers, agents and institutions”.
“REDD is going to be strictly performance-based, and so it must have more support from the legal perspective and a better benefit-sharing mechanism….conditionality is the key,” said Thuy at the sidelines of a journalist workshop on forests and climate change held in Hanoi recently.
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Keywords: Asia, BDS, Benefit sharing, payment, PES, REDD, Vietnam