Experiences with the Private Sector in Biodiversity Conservation and Sustainable Use
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Transcript of Experiences with the Private Sector in Biodiversity Conservation and Sustainable Use
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Experiences with the Private Sector in Biodiversity
Conservation and Sustainable Use
FUNBIO
Brazilian Biodiversity Fund
May 10, 2007
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Matching Funds for Projects of Common Interest.
• Ratio: 1:1 or 1:1.5• Proposals Negotiated: 70• Proposals Contracted: 10• Total Value Contracted as Donations: US$ 6.3 million• Average Project Value: US$ 630 thousand• Status: All operations are executed and finished.• Observations: • i. There were no projects without previously defined objectives and
conditions. • ii. Donations were not tax deductible.• iii. All operations were volunteer and unattached to fiscal or legal obligations
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Contributions to Amazon Region Protected Areas Program (ARPA)
• Two volunteer donations of US$ 1 million each to ARPA’s endowment fund (FAP), from two well known Brazilian cosmetic industries.
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New Corporate Social and Environmental Responsibility
Objective: Solutions, ideas, instruments for guaranteeing long term financial sustainability to:
• i. Volunteer social and environmental initiatives.• ii. Mitigation and/or compensation of social and
environmental impacts generated by productive and commercial initiatives.
Companies and Status: • AES, initial phase of negotiation for design of a new
fund; • AIG, initial phase of negotiation for carbon offsetting
mechanism;• Alcoa, design and operation of a fund;• Camargo Correia, first contact made.
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Public Institution’s Interest in the Private Sector.
Objective: Solutions, ideas, instruments, institutional reforms for facilitating and attracting investment/leveraging/matching with the private sector:
Public Environmental Funds: • FECAM, State of Rio de Janeiro, Secretariat of
Environment, reform of existing fund, and design of two new funds;
• Fauna Fund/Sea Fund, Public Attorney & IBAMA, design and operation of a fund.
Co-management of National Forest• Flona Irati, Public Attorney and IBAMA, design and
operation of a fund.