Growing Ecosystem Economy Knowledge

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Payment for Ecosystem Services (PES) is an emerging market with the potential to incentivize sustainable land stewardship activities by compensating property owners for the services the land provides, such as flood mitigation, carbon sequestration, or water purification.

As buyers, sellers, leasers, developers, managers, and stewards of the land, real estate professionals play a critical role in sharing knowledge with their clients about the transaction and the overall management of the property. This project will develop tools, in-depth materials, and professional development training through an online course to support real estate and related professionals, and rural municipalities and landowners in identifying the value of the ecosystem services on a property in order to access the PES market.

As an Alberta-based organization with stakeholders province-wide, the Agroforestry and Woodlot Extension Society seeks to build capacity and share knowledge about the PES market throughout Alberta’s communities.

Amount Funded

$250,000

Year Funded

2023

Funding Priority

Real Estate Leadership: Equip real estate and related professionals with the expertise to serve the public as trusted advisors on practical and emerging property practices and issues.

Contributor

Logo for Agroforestry & Woodlot Extension Society on a transparent background

Agroforestry & Woodlot Extension Society

With 20 years of history in Alberta, AWES is a non-profit organization with a diverse membership that shares the common goal of encouraging sustainable forest management.