REC Caucasus - Promote an Ecosystem Approach in the South Caucasus

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Regional Environmental Centre for the Caucasus (REC Caucasus)

The Regional Environmental Centre for the Caucasus (REC Caucasus) commits to contribute to national plans and actions in mapping and valuation of ecosystem services and the application of payments for ecosystem services (PES) mechanisms. REC-Caucasus also commits to provide consultations and capacity building activities for relevant states organisations, small and medium enterprises (SMEs) in order to promote sustainable use of nature resources, ecosystems and ecosystem services.The commitments will result in the broad acceptation and implementation of ecosystems services values and its valuation methods in all sectors of the economy contributing to the economic and sustainable use of natural resources by each country.

The commitment falls under focus areas 1, 4, and 8 of the Batumi Initiative to improve the measurement and valuation of natural capital; shift consumer behaviours towards sustainable consumption patterns; and improve access to services, healthy living and well-being.

Implementing partners will include National partners including state statistics committees, ministries of economy, and ministries of the environment protection, ministries of education, as well as small and medium enterprises, civil society organisations, and relevant international organisation and projects.

The commitment is relevant to SDG 14 and 15.