The Operation Of Conservation Funds

As the analysis in the previous section indicates, conservation funds are likely to be an important source of finance, particularly where option and existence values of conservation are the key objective. Even where royalties or access fees are assessed, they may be placed into some type of conservation fund, as is the case with royalties from commercialized products under the International Treaty for Plant Genetic Resources. Such funds may be managed by countries, private businesses, nonprofit agencies, and international agencies. In this section we look at some of the key issues which arise in managing such funds.

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