Biodiversity protection: Tradeable reserve requirements in Brazil

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Date

2006-11-07

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Abstract

The Forest Code in Brazil requires legal reserves of native or regenerated forest, ranging from 20-80% depending upon locality, on private property. In the past this measure has not been enforced with any regularity. A 1998 regulation would now permit "off-site compensation" where landowners failed to meet the reserve requirements on their own property.

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Keywords

Payments for environmental services, Tropical zones, Deforestation, Tradeable forest, Trading credits, Legal reserve

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