A practical guide to assessing the feasibility of PES project (Fripp 2014) is designed to lead the user through the process of identifying the ecosystem service, the buyer, the seller and the market. This assessment of the potential for PES in Seram uses the 10 steps as its framework.
Before presenting the feasibility results, it is worth reiterating a widely recognized definition of PES. Wunder (2005, 2008) defines PES as:
(a) a voluntary transaction where
(b) a well-defined ecosystem service or corresponding land use is
(c) bought by an ecosystem service buyer from
(d) an ecosystem service provider, but only...