The Program for Developing Mechanisms for Rewarding the Upland Poor in Asia for Environmental Services They Provide (RUPES)the International Fund for Agricultural Development (IFAD)Kallesoe, M.De Alvis, D.2016-04-192016-04-192004RUPES Working Papers2507_Kallesoe2004_ReviewMarketES_SriLanka.pdfhttp://hdl.handle.net/10919/67009Sri Lanka holds great potential for developing PES and environmental service markets. It is however a relative new concept and improving awareness and building institutional capacity remains a top priority and challenge. Therefore, site specific assessments in support of PES should be developed with the purpose of: identifying, assessing and prioritizing ecosystem services; and supporting the development of equitable institutional arrangements that ensure access to benefits by potential buyers.application/pdfen-USIn CopyrightSustainable developmentPayments for environmental servicesEnvironmental servicesInstitutional capacity buildingMarketsPovertyDecentralizationGovernmentPESSri LankaEnvironmental service marketsSustainable resource managementSustainable financing (SF)Transaction costsTransparencyReward mechanismsGovernanceTechnical report