Journal
OXFORD REVIEW OF ECONOMIC POLICY
Volume 28, Issue 1, Pages 93-113Publisher
OXFORD UNIV PRESS
DOI: 10.1093/oxrep/grs002
Keywords
biodiversity; economic instruments; payments for ecosystem services; conservation auctions; agglomeration bonus; conservation easements; Q57; Q58; Q24
Categories
Funding
- ESRC [ES/H021639/1] Funding Source: UKRI
- Economic and Social Research Council [ES/H021639/1] Funding Source: researchfish
Ask authors/readers for more resources
Globally, much biodiversity is found on private land. Acting to conserve such biodiversity thus requires the design of policies which influence the decision-making of farmers and foresters. In this paper, we outline the economic characteristics of this problem, before reviewing a number of policy options, such as conservation auctions and conservation easements. We then discuss a number of policy design problems, such as the need for spatial coordination and the choice between paying for outcomes rather than actions, before summarizing what the evidence and theory developed to date tell us about those aspects of biodiversity policy design which need careful attention from policy-makers and environmental regulators.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available