Financing Forest Investments in Latin America: The Issue of Incentives
Haltia, Olli; Keipi, Kari
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.