Table of Contents

Chapter 1

: Introduction
  - Background on climate change and the role of carbon sinks
  - Overview of Payment for Ecosystem Services approaches
  - Research objectives and questions

Chapter 2

: Literature Review
  - The economics of ecosystem services and environmental valuation
  - Case studies of existing carbon credit programs
  - Challenges and lessons learned from PES programs globally

Chapter 3

: Carbon Sequestration Potential
  - Local ecosystem carbon stocks and fluxes
  - Land use activities that impact carbon storage
  - Estimating additionality of improved land management practices

Chapter 4

: Program Design
  - Defining eligible land types, practices and carbon methodologies
  - Establishing baselines, additionality and permanence requirements
  - Financial mechanisms, transaction costs and program governance

Chapter 5

: Stakeholder Engagement
  - Identifying and engaging key stakeholders from government, industry, NGOs
  - Assessing stakeholder interests, concerns and potential roles and responsibilities
  - Designing an outreach and consultation strategy