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Conservation Finance Related Papers

Due to the number of papers, we have divided them by topic. Adobe Acrobat Reader is required to read most of these documents, and can be downloaded free at the Adobe website.

tree frog

Papers in English
General
Debt for Nature Swaps
Economic Valuation
Ecotourism
Environmental Trust Funds
Financing of Marine Conservation
Payment for Environmental Services
Protected Areas

Papers in Portuguese
                                       Papers in Spanish

General

Bridging the gulf: ecologist and conservationists need to work more closely with economists and policy-makers...Nature, 437:7059, 29 September 2005.

Paris Declaration on Aid Effectiveness: Ownership, Harmonisation, Alignment, Results and Mutual Accountability: a statement generated at the recent high level forum of the OECD. March 2005.

Economic and financial incentives for wildlife use on private land in Namibia and the implications for policy, J.I. Barnes and J.L.V. de Jager. Directorate of Environmental Affairs, Ministry of Environment and Tourism, Namibia. DEA Research Discussion Paper #8, September 1995.

Wildlife conservation and utilisation as complements to agriculture in southern African development, Jonathan Barnes. Directorate of Environmental Affairs, Ministry of Environment and Tourism, Namibia. DEA Research Discussion Paper #27, December 1998.

Financing biodiversity conservation, Ricardo Bayon, J. Steven Lovink, Wouter J. Veening. Inter-American Development Bank. 2000.

NEW!  Mapping conservation investments: an assessment of biodiversity funding in Latin America and the Caribbean, Gonzalo Castro, Ilana Locker, et al., Biodiversity Support Program, 2000.

Summary of the CBD COP-7 Protected Areas Negotiations Financial Resources Commitments, Sheldon Cohen, The Nature Conservancy, February 2004.

Wetland Mitigation Banking: Environmentalists express concerns, Deborah Fleischer, The Katoomba Group's Ecosystem Marketplace, first posted on April 25, 2005.

Investing in the future: The private sector and sustainable forestry management, Hans Gregersen and Arnoldo Contreras. Center for International Forestry Research, International workshop of experts on financing sustainable forest management, Oslo, Norway, January 22 - 25, 2001.

From good-will to payments for environmental services: A survey of financing alternatives for sustainable natural resource management in developing countries, ed., Pablo Gutman, WWF Macroeconomics for Sustainable Development Program Office, Economic Change Poverty and the Environment Project, a joint project of Danida and WWF. August 2003.

Markets and sustainability, Geoffrey Heal, Columbia Business School. Part of the PaineWebber Working Paper Series in Money, Economics and Finance. July 1998.

The development of markets and economic incentives for sustainable forestry: Application to the Brazilian Amazon, James R. Kahn. Washington & Lee University, Virginia, USA. Consultant's report to the OECD, Environment Policy Committee, Working Group on Economic Aspects of Biodiversity. 2002.

Financing species conservation: a menu of options, Sarah Koteen. Center for Conservation Finance, World Wildlife Fund. September 2004.

Environmental management in the Amazon region: Why not try market based instruments? Alain Lambert, 8-18pp, in PoemaTropic N°6. July/Feb 2000.

Financing global sustainability: A proposal for multilateral environment agreements. Alain Lambert, 92-117pp, in “Ensuring sustainable livelihoods: challenges for governments, corporates, and civil society at Rio+10”, Teri Research Centre, India, Nov. 2002.  Also published in PoemaTropic N°9, 34-49pp, November 2002.

Striking a balance: Ensuring conservation's place on the international biodiversity assistance agenda, Nicholas P. Lapham and Rebecca J. Livermore, Conservation International.

Private property rights to wildlife: The Southern African experiment, Kay Muir-Leresche and Robert H. Nelson. ICER Working paper number: 02-2000, International Centre for Economic Research, Italy. April 2000.

Economic incentives to develop the rangelands of the Serengeti: Implications for wildlife conservation, M. Norton-Griffiths. Chapter 27/29 in Serengeti II: Research, Management and Conservation of an Ecosystem, A.R.E. Sinclair and P. Arcese (editors) 1995: University of Chicago Press.

Economic instruments for environmental management and sustainable development, Theodore Panayotou, Harvard University. UNEP/EEU, Environmental Economics Series Paper #16. December 1994.

Financing mechanisms for environmental investments and sustainable development, Theodore Panayotou, Harvard University. UNEP/EEU, Environmental Economics Series Paper #15. December 1994. This document is no longer available at the UNEP website. However, UNEP staff were kind enough to scan the document for us so we have it available in three parts: pages 1 - 15; pages 16 - 38 and pages 39 - 44.

The emergence of green venture capital, J. Randjelovic, A. O'Rourke and R. Orsato. INSEAD R & D Working Papers. 2002.

NEW!  Changing the political economy of poverty and ecological disruption, David Reed, Macroeconomics for Sustainable Development Program Office, World Wildlife Fund, July 2005.

NEW!  The future of development financing: Challenges, scenarios and strategic choices, Prepared by: Francisco Sagasti, Keith Bezanson and Fernando Prada, submitted by Institute of Development Studies, Sussex for Ministry of Foreign Affairs, Sweden, January 2005. Executive Summary also available.

Using tax incentives to conserve and enhance biological and landscape diversity in Europe, Clare Shine. A report to Committee of experts for the development of the Pan-European Ecological Network (STRA-REP), 8th meeting, Krakow, 5-6 October 2004.

Biodiversity offsets: Views, experience, and the business case, Kerry ten Kate, Josh Bishop and Ricardo Bayon, IUCN and Insight Investment, November 2004.

Millstone or Milestone? What rich countries must do in Paris to make aid work for poor people, Patrick Watt, ActionAid International, U.K. and Oxfam International, March 2005. A paper written in preparation for the OECD High Level Forum which took place in Paris, March 2005.

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Debt for Nature Swaps

Debt for nature swaps in German Financial Co-operation, Mattias von Bechtolsheim, KfW, 2004.

Debt swaps for sustainable development, Jürgen Kaiser and Alain Lambert. IUCN/SCDO/EURODAD, IUCN Gland Switzerland and Cambridge, UK. 1996.

 

Economic Valuation

Economic valuation of wetlands: a guide for policy makers and planners, E.B. Barbier, M.C. Acreman, and D. Knowler. Ramsar Convention Bureau, Gland, Switzerland. 1996.

NEW!  Ecology is key to effective aid, UN told, Jim Giles, Nature, volume 437; 8 September 2005.

Economic valuation of wetlands: an important component of wetland management strategies at the river basin scale, Alain Lambert, May 2003.

Assessing the economic value of ecosystem conservation, Stefano Pagiola, Konrad von Ritter and Joshua Bishop, World Bank Environment Department, in collaboration with The Nature Conservancy and IUCN-World Conservation Union. World Bank Environment Department Paper No. 101, October 2004.

How much is an ecosystem worth? Assessing the economic value of conservation, Stefano Pagiola, Konrad von Ritter and Joshua Bishop, The International Bank for Reconstruction and Development/The World Bank, October 2004.

Reforming Forest Fiscal Systems: Workshop Proceedings from the International Workshop on Reform of Forest Fiscal Systems, October 19 - 21, 2003, World Bank, Washington, D.C. PROFOR.

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Ecotourism

NEW!  Rainforest Expeditions: Where to Next? Susan Heher, Cornell University, Ithaca, NY. 2004.

NEW!  Ecotourism investment and development models: Donors, NGOs, and private entrepreneurs, Susan Heher, Cornell University, Ithaca, NY, October 2003.

Protecting paradise: Certification programs for sustainable tourism and ecotourism, Martha Honey and Abigail Rome. Institute for Policy Studies, Washington, D.C. October 2001.

Toward a principled evaluation of ecotourism ventures, George N. Wallace, Colorado State University, in Bulletin 99: The Ecotourism Equation: Measuring the Impacts, Yale School of Forestry and Environmental Studies, 1996.

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Environmental Trust Funds

Introduction to the establishment of environmental funds: A proposal for Brazil, Alain Lambert, Senior Advisor/Ramsar Convention

Introduction to the establishment of environmental funds: A proposal for Kazakhstan, Kyrgyzstan and Georgia, Alain Lambert, May 2003.

The IPG Handbook on Environmental Funds: a resource book on the design and operation of environmental funds, published for the InterAgency Planning Group on Environmental Funds by PACT Publications. Ruth Norris, editor. December 1999.

Environmental funds as a mechanism for conservation and sustainable development in Latin America and the Caribbean, Reyna Oleas and Lourdes Barragan. RedLAC, February 2003. Translated by Ruth Norris.

To read profiles of environmental funds in the LAC region, as well as short articles (mostly in Spanish) on a variety of topics relevant to funds, click here!

News Releases about Environmental Trust Funds:
WWF helps set up Amazon Trust Fund; Goal is protection of area bigger than US Parks System over next 10 years. June 3, 2004.
Meso-American reef fund established. March 26, 3004.


Financing of Marine Conservation

Collected essays on the economics of coral reefs, Herman S.J. Cesar, editor. CORDIO. 2000.

Operationalizing a Financing System for Coastal and Marine Resource Management in Belize: Strategy Paper; Final Version. Prepared by the The Coastal Zone Management Authority and Institute with support from UNDP-GEF for the Board of Directors, December 2003. Note: This is a Belize government agency document produced for discussion with government Ministries and Departments. It has not yet been fully adopted but is still being negotiated. UNDP is producing a case study on the design and implementation of the strategy, which will have useful lessons on this still-new process.

Financing marine conservation: A menu of options, Barry Spergel and Melissa Moye, Center for Conservation Finance, World Wildlife Fund. January 2004.

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Payment for Environmental Services

Financing environmental services: the Costa Rican experience and its implications, Kenneth M. Chomitz, Esteban Brenes, Luis Constantino, World Bank. 1998.

VALUE: Counting ecosystems as water infrastructure, Lucy Emerton and Elroy Bos, IUCN, 2004.

NEW!  Innovative financing mechanisms for conservation and sustainable forest management, European Tropical Forest Research Network Newsletter, No. 35, Winter 2001/2002.

Constructing markets for ecosystem services: limitations of development interventions and a role for conservation performance payments, Paul J. Ferraro. Cornell University. 2000. (From: http://dlc.dlib.indiana.edu/archive/00000255/)

Payments for Environmental Services in German Financial Cooperation, Dr. Jörg Hartmann, KfW Bankengruppe/Latin America, Frankfurt, Germany. Part of the KfW Discussion Paper Series. March 2004.

NEW!  eBay shoppers and subsistence farmers meet on virtual ground, Amanda Hawn, published in The Katoomba Group's Ecosystem Marketplace, October 5, 2005.

Watershed services: the new carbon? A.T. Hawn, first published in The Katoomba Group's Ecosystem Marketplace (www.ecosystemmarketplace.com), August 2004.

Biodiversity Payment where it's due, Michael Jenkins, Sara Scherr and Mira Inbar, Environmental Finance Magazine, November 2004.

Developing markets for water services from forests: Issues and lessons for innovators, Nels Johnson, Andy White and Daniele Perrot-Maitre, Forest Trends, World Resources Institute and the Katoomba Group.

NEW!  Dollars and sense: approaches to conservation that seek to protect the most endangered species have only mixed success. Is it time to move away from biodiversity 'hotspots' and stress the economic value of ecosystems? Lucy Odling-Smee, Nature, Vol 437; 29 September 2005.

NEW!  Payments for environmental services: an annotated bibliography, prepared by Melinda Pennington, Winrock International, March 2005.

NEW!  Ecosystem services of tropical landscapes, Jeffrey Sayer, in Integrated Management of Environmental Services in Human-Dominated Tropical Landscapes, World Wildlife Fund.

For services rendered: The current status and future potential of markets for the ecosystem services provided by tropical forests, Sara Scherr, Andy White and Arvind Khare, ITTO Technical Series No. 21, International Tropical Timber Organization, 2004. (From: http://www.itto.or.jp/live/Live_Server/724/TS21e.pdf)

Case studies of markets and innovative financial mechanisms for water services from forests, Daniele Perrot-Maitre and Patsy Davis. Forest Trends and The Katoomba Group. May 2001.

Paying for environmental stewardship: Using markets and common-pool property to reduce rural poverty while enhancing conservation, John D. Shilling and Jennifer Osha, Macroeconomics for Sustainable Development Program Office, World Wildlife Fund. Technical Paper: Economic Change, Poverty and the Environment. January 2003. (From: http://www.panda.org/downloads/policy/shilling.pdf)

Valuing Ecosystem Services: Toward Better Environmental Decision-Making, Committee on Assessing and Valuing the the Services of Aquatic and Related Terrestrial Ecosystems, National Research Council, 2004.

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Protected Areas

Community conservation at Mgahinga Gorilla National Park, Uganda, W.M. Adams and Mark Infield, Institute for Development Policy and Management, University of Manchester, UK.

Guidelines for financing protected areas in East Asia, Andrea Athanas, Frank Vorhies, Fernando Ghersi, Peter Shadie and John Shultis, Adrian Phillips, series editor, IUCN/WCPA, 2001.(From: http://biodiversityeconomics.org/finance/topics-227-00.htm)

NEW!  Accounting approach for protected areas, Curtis E. Cornelssen, PriceWaterhouseCoopers. 2005.

How much will effective protected area systems cost? (updated version) Aaron Bruner, John Hanks and Lee Hannah, Conservation International. 2003.

Financial costs and shortfalls of managing and expanding protected-area systems in developing countries. Aaron G. Bruner, Raymond E. Gullison and Andrew Balmford. BioScience: Vol. 54, No. 12, pp. 1119 - 1126. Link to the abstract or contact Aaron Bruner directly for a copy of the article.

NEW!  Sustainable financing of protected areas: a global review of challenges and options. L. Emerton, J. Bishop and L. Thomas, IUCN, August 2005. This is still in draft form. Please send any comments to Joshua Bishop.

Park pricing and economic efficiency in Namibia, Wolf Krug, Helen Suich, and Ndeutalala Haimbodi. Directorate of Environmental Affairs, Ministry of Environment and Tourism, Namibia. DEA Research Discussion Paper #45, June 2002.

Raising revenues for protected areas: A menu of options, Barry Spergel, Center for Conservation Finance, World Wildlife Fund. May 2001. (to get this paper in French, Spanish or Chinese, go to http://www.wwfus.org/conservationfinance/pubs.cfm)

A financial and economic analysis of the costs and benefits of managing the Protected Area Estate, UNDP/GEF & the Zambian Ministry of Tourism, Environment and Natural Resources, April 2004.

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Papers in Portuguese

Fundos Ambientais, Bem mais do que simples mecanismos financeiros : uma ferramenta de gestão ambiental, Alain Lambert, 63-75pp, proceeding of a DFID seminar on Economic Instruments for Environmental Management, Cuiaba, Brazil. 22-23 March 2000.

Gerenciamento ambiantal na região Amazonicâ: Por que não tentar os instrumentos voltados ao mercado? Alain Lambert, 8-18pp, in PoemaTropic N°6. July/Feb 2000.

Papers in Spanish

La financiación de la sostenibilidad mundial: propuesta para los Acuerdos Multilaterales sobre Medio Ambiente, Alain Lambert, 92-117pp, in “Ensuring sustainable livelihoods: challenges for governments, corporates, and civil society at Rio+10”, Teri Research Centre, India, Nov. 2002.  Also published in PoemaTropic N°9, 34-49pp. November 2002.  

Valoración económica de los humedales: un componente importante de las estrategias de gestión de los humedales a nivel de las cuencas fluviales, Alain Lambert, Ramsar website, May 2003. Also published in the Conservation Finance Guide, Washington, D.C. 2003.

Manual de fondos ambientales del IPG: un cuaderno de consulta para el diseno y la operacion de fondos ambientales. Ruth Norris, editora. Publicado para IPG por PACT Publications, deciembre 1999.

Los fondos ambientales como práctica de conservación y desarrollo sustentable en América Latina y el Caribe. Reyna Oleas y Lourdes Barragán. RedLAC, febrero, 2003.

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