Private Enterprise and Financial Markets > Environment > Forestry and Biodiversity Conservation and Management
Financing Forest Investments in Latin America: The Issue of Incentives
By Olli Haltia, Kari Keipi (12/97, ENV-113, En, Es)
Documents Financing Forest Investments in Latin America: The Issue of Incentives (PDF, 159 Kb, En)
In Financing Forest Investments in Latin America: The Issue of Incentives, Senior IDB Forester Kari Keipi and Olli Haltia explain that, while the most effective vehicles for obtaining significant levels of forest investment are probably macro-economic, political, and institutional reforms that create a better climate for private sector investment, there is still a role to be played by financial incentives for forest investment and conservation because forestation programs may provide important positive ecological and social externalities.