Brazil's ICMS Ecológico program to protect Biodiversity
Abstract
In order to protect on of the world's richest biodiversity areas Brazil has developed the ICMS Ecológico, a tax revenue-sharing method that compensated municipal governments for designating protected areas. The state government is required to distribute 25% of the ICMS (a tax on the sale of goods and services) to the counties, but the states can determine the redistribution criteria on a portion of the funds. Several states have adopted an ecological criterion that looks at the amount of protected areas within the county, the level of protection, and a quality of the resources. The program has been particularly effective in the state of Paraná where the program has been operational since 1992.
Description
Metadata only record
Keywords
Biodiversity, Payments for environmental services, Tropical zones, Government policy, Conservation, Conservation incentives, Biodiversity conservation, Ecosystem