How could a balance be found between developing solid monitoring, reporting and verification (MRV) protocols to generate credits as financial instruments, and more flexible, easy to implement strategies to establish payments for ecosystems services.
Certainly MRV protocols can increase quality assurance for ecosystem services (ES) credits, however developing methodologies, as well as verifying and issuing credits can take long time leading to a permanent loss of ecosystems. More straight forward strategies could prevent this from happening but this could increase risks of producing payments with no actual proof of services being provided. Where should the line be drawn? Based on which criteria?