The main aim of this study is to find the prospects of Payment for Ecosystem Services (PES) in securing sustainable finance for the management of protected areas. The study is based on reviewing the existing scientific literature in order to highlight the issues regarding the emerging concept of PES with reference to Nepalese PAs; specifically, the question arises on how these sources can be used to secure sustainable financing of PAs. Findings suggest that there are ample opportunities in Nepalese PAs for PES that can be used as a new financial tool in conservation. However, design of appropriate legal and policy frameworks is highly recommended in participation with concerned stakeholders.
Prospect of Financing Protected Areas through Payment for Ecosystem Services in Nepal - Thapa Kamal, International Research Journal of Environment Sciences, June 2015