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… and benefits to stakeholders. Information provision and negotiation among stakeholders are essential Stakeholders … involved early on Identify who needs to be involved in negotiation of the payment scheme and gauge their interest … obligations (5.2) • Compliance & enforcement (5.3) Negotiation (4.4) 19 Photo 1.1 Clean water in rivers …

… PES contract design;• Securities and risk allocation;• Negotiation processes;• Monitoring, non-compliance and … the right parties have to be involved in the planning, negotiation and implementation processes. The following … the longer and more detailed it is, the more negotiation time and potential legal fees may be required. …