1. Convention of the Protection and Use of Transboundary Watercourses and International Lakes DRAFT CODE OF CONDUCT ECOSYTEMS AND PES FOR WATER MANAGEMENT

2. Convention of the Protection and Use of Transboundary Watercourses and International Lakes Clear definition of water-related PES: same principles, different soultions Raise awareness on importance of ecosystem for development + water PES are complementary to traditional approach of command and control IWRM plans should integrate water- related ecosystems management and PES. Multiple triggers are possible Prerequisite: must be demand driven + should be achievable

3. Convention of the Protection and Use of Transboundary Watercourses and International Lakes WHAT, WHO, WHERE and HOW What are the goals: not everything can be achieved (environmental protection / poverty reduction). Combining different services can make it more attractive. Consider that benefits for providers can be different = money, in kind, access to market, land rights Access and benefit sharing Who: willingness to pay, willingness to do, trustworthy institutions that can mediate (water commission/water board/ joint bodies/NGOs) Where: specific basin, hydrological issues, local customs, informal rules… How: governance, transparency

4. Convention of the Protection and Use of Transboundary Watercourses and International Lakes Importance of valuation –Need for a pragmatic approach (based on specific project, time and resource constrains) –Process is important to involve all stakeholders in the basin, to attract new partners, build trust, raise awareness and agree on final “price/value”. Legal and political recognition of ecosystems and their service. –Not only environmental legislation should be adapted (private law, company law…)

5. Convention of the Protection and Use of Transboundary Watercourses and International Lakes Coordination, need for new platforms, interministerial committees, partnerships (private sector, NGOs, science, research, practitioners) Time scale: long-term sustainability, long-term political support, ensure compliance from the beginning. Transboundary aspects

6. Convention of the Protection and Use of Transboundary Watercourses and International Lakes Strengthen the knowledge base (hydrological aspect, PES efficiency) and capacity building Raise awareness on possible source of finance for PES Role of medias Monitoring compliance with contract + funds raised have to be used only for the ecosystem protection Monitor efficiency, prove usefulness

7. Convention of the Protection and Use of Transboundary Watercourses and International Lakes Need for periodic revision and assessment: monitoring result, value can change, etc… PES can support implementation of MEAs Results from first seminar