Payment scheme for environmental services as a management strategy to regulate artisanal fishing in the Integrated Management District Cispata, Colombia

Abstract

Marine and coastal ecosystems are characterized as highly productive areas in terms of the benefits they provide to humanity, with food provision being one of the most important. In 2018, in the Cispata Integrated Management District (DMI Cispata), due to the decrease in fishing resources, artisanal fishermen signed agreements for the recovery of the resource; however, they have not been implemented for various reasons. This study shows the viability of a Payment Scheme for Environmental Services as an alternative to induce compliance with fishing agreements. The analysis developed here indicates that the DMI Cispata fulfills the necessary conditions to implement this economic instrument benefiting 20 fishing organizations in the area.