5UNDP BIOFIN program core countries receive financing for initial piloting of the BFP. Small pilot successes could provide strong incentives to implement the rest of the Plan, and timely opportunities to scale existing finance solutions should be explored throughout the BIOFIN Process.
8Economic valuation evidence is defined and identified in the PIR (Chapter 4).
9“Critical” ecosystem services may be defined as those with a very high value to people, those that are impossible or very expensive to replace, and/ or those where there is a risk of collapse (See Section 1.2.1 in Chapter 1).
10This could be more if many are similar, i.e. a series of PES/Water solutions in different regions that are mostly the same other than location.