INNOVATIVE FUNDING MECHANISMS

RESCCUE examined the feasibility of five economic and financial mechanisms to help with sustainable integrated management of the Great South. These included a collective trademark for those economic stakeholders who comply with particular specifications, fundraising through species adoption and sponsorships, entrance fees to protected areas, payment for ecosystem services (PES) for hydroelectricity generation on Lake Yate and reviewing the public-land occupancy-fee computation. The latter two were the only mechanisms thought to be appropriate in terms of their revenue-generating potential. In the end, the province did not wish to
move forward with the PES proposal. However, they requested that the option of including ecosystem services values in the public-land occupancy-fee computation be more fully investigated as well as a modus operandi for allocating revenue from such usage and other fees.