Payment for Ecosystem Services (PES) is becoming increasingly popular as a way to manage ecosystems using economic incentives. The environmental economics approach to PES incorporates ecosystem services into the market model, with an emphasis on efficiency. The ecological economics approach, in contrast, seeks to adapt economic institutions to the physical characteristics of ecosystem services prioritizing ecological sustainability and just distribution and requiring a trans/multidisciplinary approach. This project aimed to identify the potential ecosystem services in BiriLaRoSa Protected Landscape and Seascape (BLPLS) and to estimate the stakeholders (Buyers and Sellers) willingness to pay and accept the payment for ecosystem services provided by the Biri Rock Formation sites. A proposition scheme and negotiation agreement on the ecosystem payment schemes are likewise proposed for future management conservation efforts of the local community to sustain, and preserve the natural ecotourism sites in Biri Larosa Protected Landscape and Seascape.