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Sustainable forest management and the Guiana shield initiative

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Chapter Summary

This chapter explores the main features of the Guiana Shield region, the motives for setting up the Guiana Shield Initiative (GSI), which is introduced by a partnership of various organisations with its secretariat at the Netherlands Committee for the World Conservation Union (NC-IUCN) aims to support sustainable forest management in this region by proposing a financial construction through the Global Environment Facility (GEF). After providing an overview of the ecological and cultural significance of the region and of the threats to its very existence as an intact eco-region, the chapter presents the main elements of the GSI. Since creating financial mechanisms for the region's sustainable development is among the GSI's main objectives, it reflects on the valuation of the region's multiple functions from a welfare economic perspective and on the political economy of such an initiative.

Keywords: cultural significance; financial construction; global environment facility (GEF); Guiana shield initiative (GSI); sustainable development; sustainable forest management



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