The status of biodiversity and bioprospecting efforts in the Caribbean subregion

Introduction Biodiversity, as the name implies, is the term used to describe the differences that exist between and among the various species of organisms on the planet earth. Biodiversity can be measured on a worldwide basis, on a regional basis, on a national basis, as well as on a zonal basis. The interactions of these various species provide the basis for sustaining life, human life in particular. On that basis then, it is of utmost importance that the biodiversity of any area be preserved and this can only be done by a proper understanding of the organisms, their relative positions and in…

Sustainable development: Latin American and Caribbean perspectives

This publication is a result of a Regional Consultative Meeting on Sustainable Development in Latin America and the Caribbean held at the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile, 19-21 January 2000. The partners in the organization of this meeting were ECLAC, the United Nations Department for Economic and Social Affairs (DESA), the Organization of American States (OAS), the United Nations Development Programme (UNDP) and the Inter-American Development Bank (IADB). Fifty-four participants, representing governments from the region at the senior policy-m…

A new look at the development agenda

This essay summarizes some of the main ideas behind proposals for a new development agenda. It highlights first the need to strike a new balance between the market and the public interest, and to understand by public policies any initiative organized in pursuit of common goals, and not just State actions. The author makes five proposals for a new agenda: i); more balanced globalization with genuine respect for diversity, underpinned by a network of regional institutions; ii); a broad view of macroeconomic stability and the role of countercyclical policies; iii); the use of developm…

Caribbean SIDS Prepare for Johannesburg 2002 - The World Summit on Sustainable Development

Trade, environment and development: implications for Caribbean countries

Introduction Trade and development issues have been the focus of economists, policy makers and international organizations for decades. However, environmental concerns have only come to the fore within the last couple of decades largely as a result of the work of scientists on, for example, climate change and loss in biodiversity as well as the lobbying activities of environmental groups, such as Greenpeace. The linking of environment to trade only gained international prominence since the negotiations for the Canada-United States Free Trade Area in the 1980s. However, although enviro…

Debt for nature: a swap whose time has gone?

Abstract This paper purports to review the performance of the Debt for Nature Swap (DNS) Programs in light of their dual objectives of lowering deforestation rates as well as the cost of debt servicing. It evaluates the performance of private and Public DNS and inquires whether such swaps have made any significant dent on the debt and deforestation problems besetting many developing countries. It also assesses the prospects for such swaps in the future. We argue that since the prospects for DNS are limited, a more conducive solution for the deforestation problem in many developing countries ma…