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Good practice

Vietnam Payment for Forest Environmental Services (PFES / VNFF)

Vietnam · Hanoi · See the Vietnam profile

Asia's first national PFES law (Decree 99/2010) requires hydropower, water-supply and eco-tourism companies to pay into Vietnam's Forest Fund; 355,000 households manage 3.5 million ha of watershed forest, with USD 263M disbursed by 2015.

355,000
Households managing forest
3.5M ha
Watershed forest under management
USD 263M
Funds disbursed (by 2015)

Details

Maturity
Established
Promoter
Vietnam Forest Protection and Development Fund (VNFF) / Ministry of Agriculture and Rural Development
Period
2010-present
Keywords
Watershed, water, forest, hydrological services

Context

Vietnam's Payment for Forest Environmental Services scheme (Decree 99/2010) was Asia's first national PFES law, requiring hydropower, water-supply and eco-tourism companies to pay into the national Forest Fund.

Results

By 2015, 355,000 households were managing 3.5M ha of watershed forest, with USD 263M disbursed.

Implementation

Implementation detail (cost, timeline, staffing, conditions for success) is not yet available for this practice.

Data sources

Where this practice's information was retrieved from, and when.

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