Home » Biodiversity » Biotechnology Climate Change » Energy » Environmental Compliance » Forestry » Land Management » Policy Development » Pollution Prevention » Water » Agriculture Home »
	Tropical Forest Conservation Act (TFCA) & Enterprise for the Americas Initiative (EAI)
	Introduction Benefits Eligibility Requirements Debt Treatment Options Eligible Activities Process Program Descriptions
	Introduction Program Descriptions
	EAI Board EAI/TFCA Secretariat
	Local Fund Websites Relevant Acts Relevant USAID Sites Relevant U.S. Agency Sites Organizations References Conservation Finance
	Advanced search... Search USAID Personnel... Search USAID Documents...

Tropical Forest Conservation Act (TFCA) Process: Getting Started

If a country is interested in being considered for benefits under the TFCA program, the process from beginning to end is as follows:

1. The finance ministry sends a letter of to the U.S. Treasury expressing interest in the program. This letter does not commit either government to participation in the program.



2. The U.S. Treasury acknowledges the letter and informs the finance ministry that the eligibility review will be initiated.

Forest cover is particularly important for the endemic Jamaican tody, which builds its nest underground.




3. The U.S. Treasury and the U.S. State Department initiate a review of the country in terms of the economic and political criteria, respectively.



4. If the country is declared eligible, the U.S. treasury notifies the country and discusses debt treatment options with the finance ministry.



5. The country decides on its preferred option.



6. The necessary legal agreements are then negotiated between relevant parties. In the case of the debt reduction/loan restructuring option, two bilateral agreements are negotiated between the U.S. Government and host country (see debt reduction/loan restructuring). In the case of a subsidized debt for nature swap, three agreements are negotiated among relevant parties (see subsidized debt-for-nature swap).

Back to Top ^