INTRODUCING PAYMENTS FOR ECOSYSTEM SERVICES (PES) IN THE REPUBLIC OF TAJIKISTAN: : LEGAL FRAMEWORK, ISSUES AND MECHANISMS

Abstract

This article deals with the rational use of natural and land resources through the introduction of advanced technologies, including environmental service payments, its advantages and Tajikistan’s opportunities for implementing it. Environmental service payments are described as a source of funding for measures taken to improve the use of resources and to protect the environment. The implementation of PES projects brings the parties involved certain economic benefits. Most importantly, the use of resources contributes, rather than deteriorates, the environmental situation, hence the need to implement PES. The article presents issues relating to PES implementation, including legislative ones, as well as its advantages and disadvantages. A detailed description is given of the mechanism for introducing PES using the example of water-related PES. The article concludes with recommendations on how to improve the regulatory framework and the implementation of PES as an effective tool for sustainable resource use.