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Valorisation of tropical forests in Colombia New funding mechanisms for the conservation and sustainable
management 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:
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