{"id":2123,"date":"2013-04-01T18:37:00","date_gmt":"2013-04-01T18:37:00","guid":{"rendered":"http:\/\/blog.pasopacifico.org\/2013\/04\/creditos-de-tortuga-turtle-credits-to-safeguard-natural-capital\/"},"modified":"2024-07-17T15:45:22","modified_gmt":"2024-07-17T21:45:22","slug":"creditos-de-tortuga-turtle-credits-to-safeguard-natural-capital","status":"publish","type":"post","link":"https:\/\/pasopacifico.org\/creditos-de-tortuga-turtle-credits-to-safeguard-natural-capital\/","title":{"rendered":"Cr\u00e9ditos de Tortuga: Turtle Credits to Safeguard Natural Capital"},"content":{"rendered":"
The Multilateral Investment Fund issued a press release last week<\/a> about our Environmental Leadership and Entrepreneurship for Geotourism<\/a> project:<\/p>\n The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group, will support the Paso Pacifico Foundation in a project that seeks to position Nicaragua as a competitive ecotourism destination that contributes to the conservation of biodiversity in and around the La Flor Wildlife Refuge in the department of Rivas.<\/p>\n The MIF expects that this project will integrate selected communities into sustainable tourism value chains, and will promote the protection of natural capital, especially the region\u2019s sea turtle population, which is one of the key tourist attractions.<\/p>\n Given the turtle\u2019s importance to local tourism offerings, the MIF will support the identification, design and implementation of innovative financing mechanisms for the protection and monitoring of these animals. One of these mechanisms will promote the creation of “turtle credits” – certificates representing a turtle egg not removed from its nest, equivalent to a born turtle – that will be offered to consumers and businesses that support the conservation of marine ecosystem conservation, such as surf and dive shops, medium-to-high-end seafood restaurant chains and NGOs devoted to conservation.<\/p><\/blockquote>\n