Private sector investment in conservation of dry forests and mangrove restoration 2018-05-04T14:00:31+00:00

Project Description

Private sector investment in conservation of dry forests and mangrove restoration

Team members © CZMAI

By: Michael Schloenvoigt

Organisation: GIZ Costa Rica

Location: Nicoya Peninsula, Costa Rica

Published:10 November 2015

Photo: Mangroves in the project´s buffer zone © BIOMARCC-GIZ

Summary: The Global Conservation Standard (GCS) is an innovative financial mechanism – It is a private sector financed system of payments for ecosystem services: companies buy conservation credits and the revenue generated is managed by a Costa Rican NGO to invest in sustainable development activities. One example is the investment of a German certified organic shrimp producer in Costa Rica buying conservation credits to restore mangroves. The organic shrimp are sold in Germany by certified organic retailers – for each 250g sold 0.15€ are channeled to the GCS Fund and used for conservation activities.

Open on the PANORAMA platform.