Mexico, Costa Rica, and Ecuador have substantial experience with implementing payments for ecosystem services (PES) and conservation incentive programs. Yet, many aspects of their experiences remain poorly understood and will require special attention in any new or expanded use of these types of incentives.

For Ghana's national REDD plus scheme to be viable, the rights to carbon or the emission credits generated must be clearly delineated, and be accompanied by equitable and efficient benefit sharing systems. There are a number of approaches that the State can use to determine whom to vest the right to carbon in. If defined as a natural resource, the state would be vested with the rights. If recognized as an ecosystem service, then the right to the benefits would be vested in the owner of the trees.

This IFC SmartBook is a compilation of sixteen IFC SmartLessons that presents practical lessons learned by staff from across the IFC and the World Bank on approaches for engaging in agriculture that have led to success. Agribusiness is a crucial economic sector, for food security of course, for managing water stress and ecosystem services, but also as a source of employment in emerging markets. The report includes the following lessons.

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Plant health is a key condition for a sustainable land use and rural economy. Drawing on a Rural Economy and Land Use (RELU)-funded project on the growing risk of plant diseases in the UK, current and future challenges to plant health are discussed. It is well recognized that farmers have an important role in shaping plant health policies at a time of major structural changes in agricultural industries. However, the role of consumers has also much potential to improve sustainability of plant disease management options.