Market-based approaches to environmental management have great potential in a world where lack of public funding means initiatives must pay for themselves (Swingland, 2003). It is important to build partnerships between locals, NGOs, business, international agencies and so on. But caution is needed; for example, the 1997 Kyoto Protocol included agreements for rewarding those who sponsor reforestation of deforested areas – but this could lead to speculators clearing un spoilt land and then restoring it for a tidy profit if no safeguards are implemented.