2010
DOI: 10.1016/j.cosust.2010.02.004
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Biodiversity conservation and climate mitigation: what role can economic instruments play?

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Cited by 68 publications
(29 citation statements)
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“…Without proper compensation, local governments will have no incentive to support REDD, as they would face forgone taxes, fees, and shared-revenue, while receiving almost no benefits [61]. Financial incentives for REDD, at the very minimum, should compensate for the cost of its implementation, including opportunity costs [16,62,63].…”
Section: Discussionmentioning
confidence: 99%
“…Without proper compensation, local governments will have no incentive to support REDD, as they would face forgone taxes, fees, and shared-revenue, while receiving almost no benefits [61]. Financial incentives for REDD, at the very minimum, should compensate for the cost of its implementation, including opportunity costs [16,62,63].…”
Section: Discussionmentioning
confidence: 99%
“…The essence of this financial tool is the redistribution of funding from national to local authorities to compensate for income loss for some local governments due to the large share of protected land. Such a financial tool has been successfully introduced in Portugal, Germany and Brazil [34][35][36]. Other countries that have not introduced reimbursement programs, attempt to deal with ownership conflicts within the protected areas (the most commonly in newly established or enlarged national parks and Natura 2000 areas) by employing tools such as negotiations, mediations or financial compensation.…”
Section: Compensating Boroughs' Economic Loss Due To Natura 2000 Networkmentioning
confidence: 99%
“…Proponents of this model argue that markets for these services would efficiently deal with the positive and negative externalities of the production of goods and services derived from natural resources (Ferraro and Kiss 2002). Market-based schemes based on PES (as well as on rewards or compensation payment schemes) were added to other economic incentives such as certification and conservation easements (Arrow et al 2007, Ring et al 2009). The current proposal to implement payments to reduce emissions from tropical deforestation and forest degradation (REDD+) represents the latest example of how the international community has considered market-based strategies to effectively combat global climate change (Angelsen 2011).…”
Section: Evolution Of Conservation and Development Strategies In The mentioning
confidence: 99%