Expanding Financing for Biodiversity Conservation : Experiences from Latin America and the Caribbean
The Latin America and Caribbean Region
has been at the forefront of global biodiversity
conservation, dedicating 20 percent of its land to protected
areas compared to 13 percent in the rest of the developing
world. This progress has stretched available budgets for
conservation with estimates indicating that a twofold
increase would be necessary to achieve optimal management of
existing protected areas based on 2008 data. Recognizing the