Applying tradable permits to biodiversity conservation: design issues, modelling and policies

Frank Wätzold, Martin Drechsler, Florian Hartig & Silvia Wissel

Permit Trading in Different Applications, 157–173 (2011)
Cite this
@incollection{watzold2011applying,
  author = {Frank Wätzold and Martin Drechsler and Florian Hartig and Silvia Wissel},
  title = {Applying tradable permits to biodiversity conservation: design issues, modelling and policies},
  booktitle = {Permit Trading in Different Applications},
  publisher = {Routledge},
  pages = {157--173},
  year = {2011},
}
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Opening paragraph

Habitat loss and fragmentation caused by economic development are major threats to the conservation of biodiversity (Millennium Ecosystem Assessment 2005). Policy responses aimed at addressing this threat have so far been inadequate. The main policy response – the designation of areas as reserves where economic development is not allowed – has generated some protection. However, the selection of reserves may not have led to a cost-effective allocation of land between areas for conservation and areas for economic development (see Ando et al. 1998 for the general idea of cost-effective land allocation, and Polasky et al. 2008 for an empirical analysis where land allocation is not cost-effective).

What the paper shows and why it matters

(AI-generated)

Habitat loss and fragmentation caused by economic development are major threats to biodiversity, and the available text judges existing policy responses to be inadequate. The main response has been to designate reserves, areas where economic development is not allowed, and this has generated some protection. The study questions, however, whether the selection of reserves has led to a cost-effective allocation of land between conservation and development. The general idea of cost-effective land allocation is set out in Ando et al. (1998), and the study points to Polasky et al. (2008) as an empirical analysis in which the allocation is not cost-effective.

The study considers how tradable permits could be applied to biodiversity conservation. Its title names three strands: design issues, modelling and policies. The text available for this note is short and does not report the study’s own findings, so no results are given here.

What the study concludes about permit design and policy, and how it has been taken up, is not covered by the available text.

References

  • Ando et al. (1998). Species Distributions, Land Values, and Efficient Conservation. Science 279, 2126–2128. doi:10.1126/science.279.5359.2126
  • Polasky et al. (2008). Where to put things? Spatial land management to sustain biodiversity and economic returns. Biological Conservation 141, 1505–1524. doi:10.1016/j.biocon.2008.03.022

Book chapter, edited by B. Hansjürgens, R. Antes and M. Strunz.