Indigenous Communities and Territories (ICT)

Indigenous collective or community, which should generally be understood as a group of families of Amerindian ancestry, who have no record of mixed ancestry, who share feelings of identification with their aboriginal past, who maintain aspects and intrinsic values from their traditional ancestral culture, as well as forms of government and internal social control, which distinguish them from other rural or peasant communities. They generally share a customary system of land ownership, which includes a series of rules established through custom, defining rights of access for persons in a specific social group to particular natural spaces and resources.

Incremental Net Flow (economic or financial)

This refers to the flow resulting from the mathematical difference between net benefit flows in the “without project” situation, i.e. the net benefit flow expected if investment was not carried out (the counterfactural scenario), and the “with project” situation, i.e. the net benefit flow expected as a result of investment.

Institutional Framework

The inter-related organizations and agencies that provide a base for the development and implementation of policies, programmes and projects in a particular field.

Internal Rate of Return

The Internal Rate of Return (IRR) is the rate of return on an investment adjusted to the times that receipts and expenditure occur. It is the discount rate that makes the net present value of an investment equal to zero.

Internal Users

These are civil servants and technical staff in the same or other institutions involved in the provision of input or products in the various processes conducted by LAPs.