Projects designed to incentivize ecosystem management for societal benefits are becoming increasingly popular and are often touted as win–win solutions for social and environmental challenges. Yet, there are important concerns about the equity and justice implications of these programs, and there is strong evidence that a lack of attention to justice can exacerbate or create inequities. We focus on water funds, a subset of watershed ecosystem investment programs that are being scaled globally. We specifically discuss how three long-standing Andean programs have shifted through time toward a greater focus on equity and justice. We argue that these shifts, while imperfect, have been critical to their durability and that, more generally, continued alignment of nature-based investment programs with broader equity and justice concerns is essential for long-term durability and success.

中文翻译：

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实现更公平的生态系统投资计划——适应和公平是成功水基金设计和运作的核心

旨在激励生态系统管理以实现社会效益的项目越来越受欢迎，并且经常被誉为应对社会和环境挑战的双赢解决方案。然而，人们对这些计划的公平和正义影响存在重要担忧，并且有强有力的证据表明，缺乏对正义的关注可能会加剧或造成不平等。我们专注于水基金，这是正在全球范围内扩展的流域生态系统投资计划的一个子集。我们特别讨论了三个长期存在的安第斯计划如何随着时间的推移转向更加注重公平和正义。我们认为，这些转变虽然不完美，但对其持久性至关重要，更普遍的是，基于自然的投资计划与更广泛的公平和正义问题的持续结合对于长期持久性和成功至关重要。