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Handbook of market creation for biodiversity : issues in implementation.

Author: Organisation for Economic Co-operation and Development.
Publisher: Paris : OECD, ©2004.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
Striking the right balance between the conservation/sustainable use and the loss of biodiversity requires accounting for all the impacts of its destruction. Weighing the loss against any potential benefits will ensure that the social, as well as economic, well-being of everyone are at the best levels possible. Market-based economic systems have the potential to ensure that such a balancing occurs, but require that  Read more...
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Details

Genre/Form: Electronic books
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Organisation for Economic Co-operation and Development.
ISBN: 9264018611 9789264018617 926401862X 9789264018624
OCLC Number: 64598819
Description: 1 online resource (181 pages) : illustrations
Contents: Foreword; Table of Contents; Executive Summary; Chapter 1. Introduction; Chapter 2. Conceptual Framework: an Economic Approach; Chapter 3. Supporting Institutions --
Property Rights; Chapter 4. Economic Value of Biodiversity; Chapter 5. Direct Role for Policy-makers: Incentives; Chapter 6. Policies Facilitating Market Creators; Chapter 7. Policy Mixes for Biodiversity; Chapter 8. Implementation of Market Creation: Summary.

Abstract:

Striking the right balance between the conservation/sustainable use and the loss of biodiversity requires accounting for all the impacts of its destruction. Weighing the loss against any potential benefits will ensure that the social, as well as economic, well-being of everyone are at the best levels possible. Market-based economic systems have the potential to ensure that such a balancing occurs, but require that all the impacts of its loss, or use, have been fully internalised into market transactions. This book shows how public policy in the form of market creation can be used to internalise the loss of biodiversity. It promotes the use of markets to ensure that our collective preferences for conservation and sustainable use are reflected in economic outcomes.

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