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Biodiversity Conservation and Ecosystem Services Provision: A Tale of Confused Objectives, Mulitple Market Failures and Policy Challenges


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Title: Biodiversity Conservation and Ecosystem Services Provision: A Tale of Confused Objectives, Mulitple Market Failures and Policy Challenges
Authors: Coria, Jessica
Robinson, Elizabeth
Smith, Henrik G.
Sterner, Thomas
Issue Date: Oct-2012
Extent: 44 pages
Publication type: report
Series/Report no.: Working Papers in Economics
546
Keywords: Biodiversity conservation
ecosystem services
synergies and trade-offs
environmental policies
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
ISSN: 1403-2465
Description: JEL Codes: Q23, Q24, Q28, Q29.
URI: http://hdl.handle.net/2077/31425
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