Included in this working paper is a discussion of the history of deforestation and forest degradation in Latin America and policy recommendations towards conserving natural forests. The author argues that the main opportunity to conserve natural forests may be in the recognition of and payment...

The search for solutions to urban and social problems prompted by informal settlements is gaining importance in the development agenda of most large cities in Latin America. Nearly 60 percent of the population lives in informal, often centrally located settlements.

The cities offer Latin America and the Caribbean their best opportunity for economic and social development. Aside from concentrating on more than two thirds of the population, it is estimated that urban activities will generate more than 75 percent of the expected growth of the Gross Domestic...