Great comment John. Interesting case study from the UK where Severn Water agreed a Payment for Ecosystem Services (PES) agreement with upland farmers to establish measures to reduce run-off, sedimentation and pollution in their common watershed. These measures helped reduce the company (read council/government) asset management/capital r…
Great comment John. Interesting case study from the UK where Severn Water agreed a Payment for Ecosystem Services (PES) agreement with upland farmers to establish measures to reduce run-off, sedimentation and pollution in their common watershed. These measures helped reduce the company (read council/government) asset management/capital renewal costs, whilst at the same time providing a steady source of passive income for farmers to reduce stock levels or compensate for reduced crop yields.
Great comment John. Interesting case study from the UK where Severn Water agreed a Payment for Ecosystem Services (PES) agreement with upland farmers to establish measures to reduce run-off, sedimentation and pollution in their common watershed. These measures helped reduce the company (read council/government) asset management/capital renewal costs, whilst at the same time providing a steady source of passive income for farmers to reduce stock levels or compensate for reduced crop yields.