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Valorisation of tropical forests in Colombia
New funding mechanisms for the conservation and sustainable
management
of tropical forests
The pilot project located in the
valley San Nicolas in the vicinity of Medellin aims to compensate people
with money for the local and global environmental services provided by
intensively utilized forest areas. This ITTO project supports an initiative
between local investors, the government and the local population. The
sustainable use and marketing of tropical forest products are supplemented
by the compensation for environmental services of forests. For this purpose,
environmental services are quantified and evaluated, and mechanisms to
market the services are designed and tested. This extends to climate protection,
the regulation of the water cycle, and conservation of biodiversity, soil
and the cultural habitat. Local ecotourism is also promoted.
The project first involved working
out the basics such as the regulation of property rights, preparing management
plans and providing organisational support to producers. In the meantime,
the project has developed new sources of income by issuing certified emission
reductions and other voluntary participation shares for the protection
of tropical forests.
The experiences generated through
this project serve among other things as a reference for the elaboration
of provisions for the climate convention with regard to forests as carbon
sinks, as well as a model for other integrated forest management projects.
Read more about:
Who are the actors?
Why tropical forests?
Why incentives instead of bans?
What commitment?
Why ITTO?
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