The Environmental Services Payments Program (ESPP) is a financial mechanism implemented by the State, through FONAFIFO, to compensate owners of forests and forest plantations for the environmental services that these provide, which directly contribute to the protection and improvement of the environment...
Loans, offered under appropriate conditions, play a very important role in promoting the well being of small and medium-sized producers of forest goods and services. FONAFIFO's mission is to support successful projects offering terms, conditions and interest rates adapted to the country's forestry situation.The Fund therefore constitutes a real alternative for the financing...
History
FONAFIFO begins WEB Site redesign Institutional..
Officials of FONAFIFO attend the Seminar on the System Integrated of Administration of Projects in Quito/Ecuador..
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GLOSSARY
Glossary
 
 
TERMS
DESCRIPTION
Environmental Services Certificate (ESC) Financial instrument whereby the existing forests may be preserved and new ecosystems may be regenerated.
Forestry Regents Forestry Engineers, with authority to attest, who prepare Technical Studies and verify that the terms set forth in such Technical Study and the ESPP Contract, are complied.
CO 2 Emissions Carbon gas emissions.
Technical Study This document contains the technical specifications required for the implementation of a ESPP contract, in relation to forest protection and reforestation, as well as agricultural, and forestry systems.
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Acronyms
 
 
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AFE State Forestry Management.
CATIE Tropical Agricultural Research and Higher Education Center .
CGR Comptroller General of the Republic.
CIEDES Sustainable Development Research Center
CNFL Compañía Nacional de Fuerza y Luz (National Institute of Electricity) .
CPB Certified public Accountant.
ESC Environmental Services Certificate.
ESPP Environmental Services Payment Program.
GEF Acronym in English for the Global Environmental Facility .
GPS Geographical Positioning System .
GDP Gross Domestic Product
FBS Fondo para la Biodiversidad Sostenible (Sustainable Biodiversity Fund
FONAFIFO National Forestry Financing Fund
FUNDECOR Fundación para el Desarrollo de la Cordillera Volcánica Central (Foundation for the Development of the Central Volcanic Mountain Range).
IDA Instituto de Desarrollo Agrario (Agricultural Development Institute).
IBRD International Bank for Reconstruction and Development.
IPMS Integrated Project Management System.
JUNAFORCA Junta Nacional Forestal Campesina (Campesino Forestry National Board) .
KFW Kreditanstalt für Wiederaufbau (KfW).
MINAE Ministry of Environment and Energy..
ONF Oficina Nacional Forestal (National Forestry Department.
PHRD JAcronyms in English for the Japan Policy and Human Resources Development Fund.
REFORESTA Proyecto Reactivación de la Reforestación Comercial (Project for the Reactivation of Commercial Reforestation .
SINAC National System of Areas of Conservation).
TBP Basic Borrowing Rate.
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