Identification of beneficiaries
The identified ecosystem services are linked to a series of stakeholders for which the availability of these services is very important. As a next step in setting up a water fund, it is necessary to analyse the stakeholders present in the area that eventually will have a direct or indirect relationship with the mechanism. This exercise is of the utmost importance as it will help identify who are, or could be, the most interested in maintaining or recovering ecosystem services and, therefore, become partners and contribute financial resources to the fund.
Contact solution provider
Participation of consumers is key whether for reducing treatment costs or in the interest of guaranteeing the availability and quality of water for a specific use (i.e. industry, energy, agriculture or human consumption). - The private sector must complement the public sector’s responsibility in conserving the watershed. The private sector and organized civil society must ensure through legal channels that the public sector fulfils its obligations. - For academic institutions water funds are a good opportunity to carry out research, conservation or monitoring activities and to develop projects using new technologies.