Guyana leases land at .37 cents/acre to Conservation International
The idea of conservation concessions has been around since 2000. It was introduced by an American charity called Conservation International, which realised the going rate for logging concessions was often so low that it could afford to outbid the foresters. It has since leased forests in Guyana—where it has 80,000 hectares of Upper Essequibo—and in Peru, Sierra Leone, Papua New Guinea, Fiji and Mexico. But even in 2001 it reckoned that at $2 a hectare Ngoyla-Mintom was too dear. Its land in Essequibo costs a mere 37 cents a hectare.
