| | A Revolving Fund for Biodiversity Conservation in Australia (Site not responding. Last check: 2007-10-13) |
 | | The Revolving Fund purchases lands with conservation significance, places a covenant on them specifying the allowable and prohibited activities that can be undertaken on them, thus ensuring the future maintenance of the identified conservation values, and resells the lands to a sympathetic private owner whose use of the lands will be bound by the covenant. |
 | | The regained capital is then used to finance the purchase of further lands, which again have a covenant placed on them before resale to sympathetic purchasers and the process is repeated again. |
 | | The success of the Fund relies largely on its ability to recapture all or most of the original capital purchase cost for the lands, and to pass on responsibility for land management to owners who are committed to a conservation ethic. |
| www.oecd.org /LongAbstract/0,2546,en_2649_34285_2077100_1_1_1_1,00.html (247 words) |