Analysis included the following key topics affecting PES transactions and law making:
–¢ legal and institutional frameworks related to PES at the national and local level
–¢ property rights and ownership issues
–¢ contract design and components including securities, risk allocation, and negotiation processes
–¢ monitoring, non-compliance, and enforcement
–¢ dispute resolution
–¢ public participation
The primary outcome from the legal initiative will be the development of guidelines for the legal and institutional structures required to support PES schemes and their implementation. Expected outcomes from the workshop include: a publication on legal issues in the design of PES deals, policies and programs; legal guidance tools for project developers; and a plan of action for governance needs to address legal gaps and opportunities.