Although Guatemala is covered greatly by forests, they still have a deforestation rate of 1.7%, showing that these areas are under a big threat.
Two reason biodiversity PES is such a desirable new method are that it creates a new way of financing, and it can be sustainable based on the agreement of service users and providers.
[4] In the past few decades, Guatemala has faced a great amount of deforestation, which has affected its biodiversity for the worse.
As changes in the soil continue, plants will no longer be able to thrive in their homeland, which will decrease the overall biodiversity in Guatemala.
[7] Guatemala has some 8,061 known species of amphibians, birds, mammals, fish, reptiles and invertebrates according to figures from the World Conservation Monitoring Centre.
[citation needed] The amount of protected territories in Guatemala helps flourish biodiversity extremely, but based on an article published in 2022, narcotics and drug-trafficking are having a major impact on deforestation.
Due to drug trafficking and producing live stock for money laundering, there have been many habitat losses in Central America.
The study concluded in this source is to show if deforestation is happening in these protected areas due to vegetation loss from drug-trafficking.
Due to the problems mentioned above, an increasing population, and simply the need for money and financial stability in Guatemala have dwindled the plan's impact.