Autor: Ramón López and Juan Carlos Jordán, Editors
Título: Sustainable Development in Latin America: Financing and Policies Working in Synergy
ADVANTAGES AND DISADVATGES OF VARIUS FUNDING MECHANISMS
1. Charging for use the global commons.
|I. International Cooperation
Potentially vasr amounts of funds.
Potentially large amounts of funds.
Links biodiversity with climate change.
Potentially vast amounts of founds.
Caninfluence policies to be more supportive of biodiversity.
Could raise $1.5 billion per year, with no
significant effect on final product prices.
Provides incentives for improved forest
Can generate significant funds with existing structures.
Can build in "polluter pays" and "deficiary pays" principles.
"Green" taxes can change consumer behavior in favor of biodiverwuty without increasing total tax burden.
Can generate funding in the billions of dollars.
Can change behavior-affecting biodiversity.
Specifies opportunity costs and provides
mechanism for beneficiaries to pay them.
Property rights give reposibility to people
living closet to the resources.
Assigning shares of privatized state corporations to conservation endowments helps retain public accountability
Can generate funds in national currencies and reduce (slightly) debt burdens.
III. The Private Sector
Involves private sector in joint implementation or clean development mechanism, which may benefit biodiversity.
Private sector invests in biodiversity as result of enlightened self-interest.
Funds generated regularly from sales.
Generates significant funds in national currency.
Can be used to endow trust funds for long-term investment.
Allows public willingness to pay to be tapped in supprort of biodiversity.
Can bbuid strong alliance among NGOs, public sector, and private sector.
Requires international agreement difficult to attain.