Download the publication - Tropenbos International
Download the publication - Tropenbos International
Download the publication - Tropenbos International
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Ã<br />
Ã<br />
Ã<br />
Ã<br />
Ã<br />
Ã<br />
6XVWDLQDEOHÃPDQDJHPHQWÃRIÃUDLQÃIRUHVWÃLQÃ&DPHURRQÃWKHÃ7URSHQERVÃDSSURDFKÃ<br />
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBÃ<br />
<br />
7KHFXUUHQWODZGLVWLQJXLVKHVWZRW\SHVRIIRUHVWLQWKHSHUPDQHQWIRUHVW]RQHVWDWH<br />
IRUHVWV )RUrWV 'RPDQLDOHV DQG FRXQFLO IRUHVWV )RUrWV &RPPXQDOHV VHH )LJXUH<br />
6WDWHIRUHVWVLQFOXGHYDULRXVW\SHVRIIRUHVWVZLWKGLIIHUHQWIRUHVWPDQDJHPHQW<br />
REMHFWLYHVVXFKDVWLPEHUSURGXFWLRQDQGQDWXUHFRQVHUYDWLRQ7RPDNHWKHVWDWHV<br />
FRQWURO RYHU WKH QDWLRQDO IRUHVW UHVHUYH HIIHFWLYH WKH ODZ JUDQWHG WKH VWDWH SULYDWH<br />
RZQHUVKLSULJKWVRYHUVWDWHIRUHVWV&RXQFLOIRUHVWVIDOOLQGLUHFWO\XQGHUWKHSULYDWH<br />
SURSHUW\RIWKHVWDWHEHFDXVHWKHFODVVLILFDWLRQSURFHGXUHOHDGVWRDODQGWLWOHIRUWKH<br />
ORFDOFRXQFLOFRQFHUQHGZKLFKLVDJRYHUQPHQWERG\<br />
7KH FODVVLILFDWLRQ SURFHGXUH XQGHU WKH FXUUHQW )RUHVW /DZ RQO\ SURYLGHV IRU<br />
FRPSHQVDWLRQ RI ORVV RI FXVWRPDU\ SURSHUW\ ULJKWV KHOG E\ WKH ORFDO SRSXODWLRQ LQ<br />
FDVH RI SK\VLFDO LQYHVWPHQWV LQ WKH IRUHVW VXFK DV KRXVHV ILHOGV DQG SODQWDWLRQV<br />
&RQVHTXHQWO\ LQ ODUJH SDUWV RI WKH FRXQWU\ WKH ORFDO SRSXODWLRQ ILQGV WKHLU IRUHVW<br />
UHVRXUFHV DEVRUEHG LQ WKH QDWLRQDO IRUHVW HVWDWH ZKLFKLPSOLHVWKDWWKHLUULJKWVDUH<br />
FXUWDLOHG RU HYHQ ZLWKGUDZQ IRU WKH SXUSRVH IRU ZKLFK WKH IRUHVW UHVHUYH ZDV<br />
GHVLJQHG7KHPD[LPXPXVHZKLFKWKHORFDOSRSXODWLRQPD\EHDOORZHGWRPDNHRI<br />
SHUPDQHQWIRUHVWVLVWKHFXVWRPDU\ULJKWWRKDUYHVWIRUHVWSURGXFWVIRUWKHLUSHUVRQDO<br />
XVH2QWKHRWKHUKDQGWKHWLPEHULQGXVWU\LVQRZREOLJHGWRSD\VXEVWDQWLDOIHHVWR<br />
ORFDOFRPPXQLWLHVQHDUWKHLUFRQFHVVLRQV)XUWKHUPRUHWKHFRPPXQLWLHVFDQDSSO\<br />
IRUKXQWLQJFRQFHVVLRQVLQWKHSHUPDQHQWIRUHVWHVWDWHZKLFKDOORZVWKHPWRSURWHFW<br />
WKHLUJDPHUHVRXUFHVDJDLQVWKXQWHUVIURPRWKHUDUHDV<br />
<br />
7KH UHPDLQLQJ SDUW RI WKH QDWLRQDO IRUHVWV IDOOV LQ WKH FDWHJRU\ RI QRQSHUPDQHQW<br />
IRUHVWVZKLFKPD\EHXVHGIRUDJULFXOWXUDODQGRWKHUSXUSRVHV,QWKRVHDUHDVWKH<br />
ORFDO SRSXODWLRQ FDQ VXEPLWDQDSSOLFDWLRQIRUWKHFUHDWLRQRIDFRPPXQLW\IRUHVW<br />
7KLVLQYROYHVKDQGLQJRYHUWKHPDQDJHPHQWRIFRPPXQLW\IRUHVWVZLWKDPD[LPXP<br />
DUHDRIKDIURPWKHVWDWHIRUHVWVHUYLFHWRORFDOFRPPXQLWLHVIRUDUHQHZDEOH<br />
SHULRG RI ILYH \HDUV 7KH IRUHVW SURGXFWV WLPEHU 17)3V ZLOGOLIH ILVK UHVXOWLQJ<br />
IURPWKHPDQDJHPHQWRIWKHIRUHVWEHORQJWRWKHFRPPXQLW\FRQFHUQHG<br />
$OWKRXJKWKLVSURYLVLRQUHSUHVHQWVDVWHSLQWKHGLUHFWLRQRIWKHGHFHQWUDOLVDWLRQRI<br />
IRUHVW FRQWURO VHULRXV GRXEWV KDYH EHHQ UDLVHG DV WR LWV HIILFDF\ $W ZRUVW WKH<br />
FRQFHSW RI FRPPXQLW\ IRUHVWV LV FULWLFLVHG DV DQ HPSW\ QXW VKHOO YDQ GHQ %HUJ<br />
EHFDXVH JRYHUQPHQW RIILFLDOV UHWDLQ D VWURQJ FRQWUROOLQJ SRZHU RYHU WKHVH<br />
IRUHVWV DQG WKH ODQG UHPDLQV WKH SURSHUW\ RI WKH VWDWH )XUWKHUPRUH WKH SROLWLFDO<br />
VXSSRUWIRUFRPPXQLW\IRUHVWU\LVUDWKHUZHDNDQGWKHUHIRUHRWKHUVWURQJHULQWHUHVWV<br />
PD\LQKLELWWKHFUHDWLRQRIFRPPXQLW\IRUHVWV<br />
&RPSOH[ DQG H[SHQVLYH SURFHGXUHV WRJHWKHU ZLWK D JHQHUDO ODFN RI LQIRUPDWLRQ<br />
DPRQJ WKH ORFDO SRSXODWLRQ RQ WKH FXUUHQW IRUHVW PDQDJHPHQW UHJLPH KDYH EHHQ<br />
UHSRUWHGDVDSUREOHP3DUUHQHWDO0RUHRYHURQHPD\GRXEWLILWLVSRVVLEOH<br />
WRHVWDEOLVKORFDOIRUPVRIRUJDQLVDWLRQDQGOHDGHUVKLSDEOHWRGHOLQHDWHFRPPXQLW\<br />
IRUHVWV WR PDQDJH WKHP XQGHU FXVWRPDU\ WHQXUH DUUDQJHPHQWV RQ EHKDOI RI ORFDO<br />
FRPPXQLWLHV DQG WR FRQWURO WKHLU IXWXUH XWLOLVDWLRQ ([LVWLQJ VWUXFWXUHV ZLWKLQ<br />
YLOODJHV DQG %DJ\HOL VHWWOHPHQWV ZLOO VHOGRP EH VXLWDEOH IRU WKLV SXUSRVH VLQFH<br />
FRQWURORYHUIRUHVWODQGDQGRWKHUIRUHVWUHVRXUFHVLVWUDGLWLRQDOO\YHVWHGLQOLQHDJHV<br />
DQGKRXVHKROGVVHH6HFWLRQ<br />
+RZHYHU HIIRUWV DUH EHLQJ PDGH WR UHPHG\ VXFK VKRUWFRPLQJV $W WKH WLPH RI<br />
ZULWLQJ 0,1() KDV DOPRVW ILQDOL]HG D VHFRQG YHUVLRQ RI WKH &RPPXQLW\ )RUHVW<br />
0DQXDOZKLFKGHDOVZLWKPDQ\RIWKHSUREOHPVPHQWLRQHG