Abstract:
he Tank Cascade System (TCS) served as the essential component of
ecological balance, socio-economic sustainability, water management, and rural live-
lihoods. The TCS and its catchment areas are today under pressure due to the range
of human-induced activities. The objective of this study was to identify the appropri-
ate conservation finance mechanisms and to explore the benefits of restoration of TCS
as preserve ecological and socio-economic sustainability under the present circum-
stances. The data from primary and secondary sources were collected. Both qualita-
tive and quantitative analysis methods were used for the study. The study found that
the Kapiriggama TCS are today under pressure due to deforestation, pollution, the
spread of invasive alien species, and ongoing climate change etc. The TCS and its
catchments should be managed for the ecosystem services that it generates. If the tank
catchment area and the tank area are conserved, the threat to tanks substantially re-
duces. By applying conservation finance mechanisms such as ‘payment for water-
shed services’ & the ‘willingness to pay method’ the tank catchment can be conserved
so the tank. Further, the study reveals that most of the people (54.3 %) agreed to pay
for restoration activities. According to the results, calculated maximum payment for
the restoration of the tank cascade system between 500-1500, 1500-2500 and 2500-
3500 LKR as 36.1%, 11.2% and 1.7% respectively. Many people were prepared to
make labor contribution. Accordingly, there is a positive impact of agreeing to pay
money for restoration and willingness to pay for restoration on maximum payment
for season in Kapiriggama TCS. It is recommended to implement strategies for effec-
tive conservation of the catchment areas to ensure the future sustainability of this
cascade.
