Autoria: Juliana Ferreira Leite
Abstract: This paper outlines the prospects and challenges concerning the Payment for Environmental Services (PSA) in Goias State – Brazil. Specifically, it focuses on the implementation of a mechanism that is currently in great debate under the Climate Convention: Reducing Emissions from Deforestation and Forest Degradation (REDD). This issue is addressed through a qualitative approach, considering a variety of secondary literature sources. We conclude that, in spite of the challenges and technical and operational difficulties to be faced and overcome, REDD may be feasible and effective as a mechanism of compensated reduction of deforestation and conservation of the Cerrado in Goias State.