Conservation Trust (Paraguay)

The Instituto de Derecho y Economia Ambiental (IDEA) has created a Conservation Trust whereby project developers can pay into a fund to compensate for damages as required by the Paraguay Constitution. The money is used for conservation purposes on priority areas (land acquisition, drafting of management plans, park ranger salaries, etc.). IDEA works with fiduciary Financiera Atlas S.A.E.C.A to manage the trust and has set aside two areas in the Pantanal, totalling 3,096 hecatres, with the resulting funds.

Program Statistics

Date Established: 2008 Status: Active Program Type: Compensation
About the program:
Annual size of program (area): (acre) Year of Data:
Cumulative size of program (area): (acre) Years of Data: -
Annual payments of program (US$): Year of Data:
Cumulative payments of program (US$): Years of Data: -
Notes on program size or payments:
Species or habitat types (if applicable):
Notes: http://wwf.panda.org/who_we_are/wwf_offices/paraguay/?151222/INNOVATION-IN-CONSERVATION-THE-CASE-OF-PARAGUAYS-ATLANTIC-FORESTS
Bank regulator information: Instituto de Derecho y Economia Ambiental, 595-21-614-619/20 Last Updated: June 24, 2010