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|Title:||Biodiversity Conservation and Ecosystem Services Provision: A Tale of Confused Objectives, Mulitple Market Failures and Policy Challenges|
Smith, Henrik G.
|Series/Report no.:||Working Papers in Economics|
synergies and trade-offs
|Abstract:||Most research and funding in conservation has been oriented toward biodiversity per se. Until recently there has been little tangible effort in linking conservation to ecosystem service provision. Nevertheless, this trend seems to be changing due in part to the relative success of payment mechanisms that provide funding for the conservation of ecosystem services – defined as discrete and identifiable end-products. This paper describes the features of optimal policies to protect (i) biodiversity ... more|
|Description:||JEL Codes: Q23, Q24, Q28, Q29.|
|Appears in Collections:||Working papers|