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Environmental funds to support protected areas

Lessons from Brazilian experiences

Bibliographic Data

ID19445945
AuthorsMariana Machado (0000-0003-0810-5619, Universidade Federal do Rio de Janeiro, corresponding author), Carlos Eduardo Frickmann Young (0000-0002-4225-4936, Universidade Federal do Rio de Janeiro), Mariana Clauzet (0000-0002-4889-8169, Universidade Santa Cecília)
Year2020
Issue26.1
Pages47-62
Publication date2020-06-06
Open AccessYes
TypeARTICLE
VenuePARKS (JOURNAL)
Journal identifiersISSN: 0960-233X • E-ISSN: 2411-2119
PublisherIUCN (PUBLISHER)
DOI10.2305/iucn.ch.2020.parks-26-1mm.en
OpenAlexW3094808602
LanguageEN
Citations received2

Despite the recent initiatives to create private environmental funds to support finance for the Brazilian Protected Areas System, this subject is still poorly studied. This article aims to systematically analyse key aspects of the establishment and operation of nine private funds for protected areas in Brazil: their financing priorities; legal, financial and governance structures; and accountability procedures. The analysis was based on data collected from academic articles, documents, annual reports and structured email questionnaires with representatives of protected area funds. In addition, we assess the level of compliance with environmental funds practice standards regarding asset management, governance structure and accountability procedures. Altogether, the funds mobilised R$583 million (Brazilian currency) or US$138.8 million in the 2003-2015 period to support 197 PAs in the Amazon and the Atlantic Forest, over an area of 807,000 km. There is a diversity of institutional structures and innovative arrangements to raise funds from the national business sector, international donors, and to increase public investments in protected areas. The governance structure and accountability processes were found to be major deficiencies in the environmental funds' operations. From the systematic analysis of Brazilian protected area funds, the article presents some refinement of environmental funds' best practice guidelines

Business · Environmental planning · Environmental protection · Environmental resource management · Geography · Conservation, Biodiversity, and Resource Management · Economic and Environmental Valuation · Environmental Science · Land Use and Ecosystem Services

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Citations per year1
Citation span2024 - 2025 (2)
Highly citedNo

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