Financing Forest Investments in Latin America: The Issue of Incentives
Date issued
Dec 1997
Subject
Trade Facilitation;
Biodiversity Conservation;
Environmental Mitigation Measure;
Fiscal Incentive;
Forest and Forestry;
Financial Market
Country
Brazil;
Chile;
Costa Rica
Category
Working Papers
This paper discusses the topic of deforestation in Latin America and the Caribbean and the use of incentives as support for private forestry investments. The paper develops the idea of using targeted and cost-effective incentives that must take into account cultural and social factors. In addition, cost recovery mechanisms for incentive schemes should ideally be indirect, based on taxes and fees.
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