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Biodiversity conservation and climate mitigation: what role can economic instruments play?

Ring, Irene; Drechsler, Martin; van Teeffelen, Astrid JA; Irawan, Silvia; Venter, Oscar


Tradable permits and intergovernmental fiscal transfers play an increasing role in both biodiversity conservation and climate mitigation. In comparison to regulatory and planning approaches these economic instruments offer a more flexible and cost-effective approach to biodiversity conservation. Economic instruments should act as complements to rather than substitutes for conventional land-use planning, given that their applicability is limited by the heterogeneity of biodiversity. Linking...[Show more]

CollectionsANU Research Publications
Date published: 2010
Type: Journal article
Source: Current Opinion in Environmental Sustainability
DOI: 10.1016/j.cosust.2010.02.004


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