Conservation Strategy Fund helps local conservationists use economic tools to find smart, efficient solutions to the most urgent environmental problems. Since its creation in 1998, CSF has conducted dozens of analysis projects in forests, rivers and coastal environments. Most of our work has focused in the tropics, where extraordinarily high levels of biological diversity are found. To maximize the reach and quality of our work, we involve leading experts and conservation organizations in all of our projects.

Yaguas Analysis- Part II

SERNANP, Peru’s national protected areas agency, requested CSF in late 2015 to carry out a cost-benefit analysis for the creation of a new national park in a remote part of the Amazon basin. The proposed Yaguas National Park is located in northeastern Peru, and will extend over 800,000 hectares. CSF staff estimated the main economic benefits to be generated by the proposed park (saved hunting time by neighboring indigenous communities, avoided deforestation and prevention of mining impacts, carbon storage and existence value), and found that these benefits are larger than the implementation and management costs of the proposed protected area by almost 23 million soles (approximately $7.7 million), of which 17 million soles ($5.7 million) are captured by local communities that would benefit from the park . SERNANP is currently processing the creation of the park.

SERNANP is required to conduct similar cost-benefit analyses for any future proposed protected area, as the decision about new protected areas is taken by the cabinet in full. The Ministry of Finances (MoF) is a key player in these deliberations, and SERNANP asked CSF to produce terms of reference for protected areas cost-benefit analyses that meet the MoF standards. CSF is currently developing these terms of reference, and will present them to SERNANP and MoF once they are completed.