ID 5296
Submitting Entity IIED
Submitted for Fourth Ordinary Meeting of the Conference of the Parties to the Convention on Biological Diversity (COP 4)
Main Information
Title The Tagua Initiative, Ecuador
Description Tagua trees have been used for button making for over 100 years. After having faced competition from plastic substitutes, with the rise in interest in natural product, the demand has resumed. With higher expected returns, interest in conservation increased. 
Incentive measures used include: the promotion of income generating activities; market assistance; access to finance; licensing of distributors, with 5 % premium; enterprise development.
Web Link /doc/meetings/cop/cop-04/official/cop-04-18-en.pdf
Additional Information
Source Study is from: Unlocking the trade opportunity, IIED and UN/ DPCSD, 1997.
Countries Ecuador
Ecosystems Forest Biodiversity
Regions Latin America and the Caribbean
Incentive Measures Indirect Incentives (property rights, market creation)
Positive Incentives (subsidies, tax breaks, ...)
Keywords Market creation (organic production, tourism, ...)
Support payment
  • United Nations
  • United Nations Environment Programme