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Debt-for-Nature Swaps in Action: Two Case Studies in Peru

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dc.contributor.author Gockel, Catherine Kilbane
dc.contributor.author Gray, Leslie C.
dc.date.accessioned 2011-10-25T17:19:09Z
dc.date.available 2011-10-25T17:19:09Z
dc.date.issued 2011 en_US
dc.identifier.uri https://hdl.handle.net/10535/7643
dc.description.abstract "Debt-for-nature swaps are a major source of global funding for nature conservation and have been touted as a win-win solution to the problem of how to finance conservation. This paper examines how the United States' debt-for-nature-swap program, the Tropical Forest Conservation Act, works in the field. We provide an introduction to the technical aspects of the debt-for-nature swap mechanism, then describe how the program operates on the ground, using the United StatesPeru swap as an example. We focus on two case studies that are largely representative of the Tropical Forest Conservation Act's work in Peru: 1) ProNaturalezas project in the Pacaya Samiria National Reserve, and 2) five distinct projects centered around reducing illegal logging in and around Alto Purús National Park. We explore the range of programs financed through swaps, as well as whether debt-for-nature swap projects meet their goals of strengthening civil society and increasing local capacity. We also discuss the efficacy of debt-for-nature swap monitoring, which tends to privilege fiscal evaluations of area protected over direct conservation outcomes. Although Tropical Forest Conservation Act projects may well have conservation effects, the current methods of measuring success do not reflect the types of conservation impacts of Tropical Forest Conservation Act projects." en_US
dc.language English en_US
dc.subject capacity building en_US
dc.subject natural resources en_US
dc.subject conservation en_US
dc.subject resource management en_US
dc.subject evaluation en_US
dc.title Debt-for-Nature Swaps in Action: Two Case Studies in Peru en_US
dc.type Journal Article en_US
dc.type.published published en_US
dc.type.methodology Case Study en_US
dc.coverage.region South America en_US
dc.coverage.country Peru en_US
dc.subject.sector Social Organization en_US
dc.identifier.citationjournal Ecology and Society en_US
dc.identifier.citationvolume 16 en_US
dc.identifier.citationnumber 3 en_US
dc.identifier.citationmonth September en_US


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