Protecting nature on private land using revolving funds: Assessing property suitability

Hardy, Mathew J.; Bekessy, Sarah A.; Fitzsimons, James; Mata, Luis; Cook, Chris; Nankivell, A.; Smillie, Kate; Gordon, Ascelin

doi:10.1016/j.biocon.2018.01.026

Cited by 13 publications

(11 citation statements)

References 39 publications

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“…However, if the cooperative is expected to manage a more significant revolving fund for the economic empowerment of coastal communities, necessary intervention from outside parties, especially technical agencies such as the Department of Cooperatives or the Department of Marine and Fisheries, is needed. Revolving fund programs are suitable for protecting natural resources [25]. The cooperatives still need assistance in developing the organization with the principles of good governance.…”

Section: Resultsmentioning

confidence: 99%

Descriptive, Correlation Analysis and Analytical Hierarchy Process of Coastal Community Empowerment of Bengkulu City, Indonesia

Cahyadinata¹,

Nusril²,

Gushevinalti³

2020

Int. J. Adv. Sci. Eng. Inf. Technol.

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The Coastal Community Economic Empowerment is one of the programs meant to boost the economy of coastal communities. The program is beneficial in several ways, such as increasing capital and fulfilling the daily needs of households. This study aimed to 1) assess the rate of community participation and the related factors, 2) determine cooperative performance rate, and 3) formulate alternative strategies for developing economic empowerment for the coastal community. To achieve these goals, 61 respondents and 15 experts were selected from Coastal Community Development Cooperative and its customers. The analytical tools used include descriptive and correlation analysis, analysis of institutional performance, and analytical hierarchy process. The results showed that the overall participation of cooperative members was in the high category while their involvement in meetings was in the moderate category. Also, the participation of members in loan repayment and fulfilling their obligation were in the high category. Family income and business experience affect the participation of members. The institution's performance was very healthy, especially in the organization, management, and financial administration. Besides, the development strategy aimed to enhance the business, increase competitiveness, and improve the income of the coastal community. For this reason, the approach used includes optimizing the utilization of resources, provision of capital for cooperatives, and contributing income to the households. There were also alternative strategies, including business diversification, institutional strengthening, and improved access to capital. The priority strategy was the strengthening of the cooperative to increase competitiveness, while the success criteria involved the optimization of resource usage.

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Section: Resultsmentioning

confidence: 99%

Descriptive, Correlation Analysis and Analytical Hierarchy Process of Coastal Community Empowerment of Bengkulu City, Indonesia

Cahyadinata¹,

Nusril²,

Gushevinalti³

2020

Int. J. Adv. Sci. Eng. Inf. Technol.

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“…Properties with a low likelihood of being resold within a reasonable timeframe may receive a lower priority than those that can. Depending on the conservation objectives of the program, this may not be a problem, but it is likely that some properties with high conservation value will occur outside of areas with buyer demand (Hardy et al ). Regularly assessing where demand exists for conservation properties and ensuring this aligns with the organization's conservation objectives could be beneficial.…”

Section: Discussionmentioning

confidence: 99%

Factors influencing property selection for conservation revolving funds

Hardy

Fitzsimons

Bekessy

et al. 2018

Conservation Biology

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Finding sustainable ways to increase the amount of private land protected for biodiversity is challenging for many conservation organizations. In some countries, organizations use revolving-fund programs, whereby land is purchased and then sold to conservation-minded owners under condition they enter into a conservation covenant or easement. The sale proceeds are used to purchase, protect, and sell additional properties, incrementally increasing the amount of protected private land. Because the effectiveness of this approach relies on selecting appropriate properties, we explored factors currently considered by practitioners and how these are integrated into decision making. We conducted exploratory, semistructured interviews with managers from each of the 5 major revolving funds in Australia. Responses indicated although conservation factors are important, financial and social factors are also highly influential. A major determinant was whether the property could be resold within a reasonable period at a price that replenishes the fund. To facilitate resale, often selected properties include the potential for the construction of a dwelling. Practitioners face with clear trade-offs between conservation, financial, amenity, and other factors in selecting properties and 3 main challenges: recovering the costs of acquisition, protection, and resale; reselling the property; and meeting conservation goals. Our findings suggest the complexity of these decisions may constrain revolving-fund effectiveness. Drawing from participant responses, we identified potential strategies to mitigate these risks, such as providing adequate recreational space without jeopardizing ecological assets. We suggest managers could benefit from a shared-learning and adaptive approach to property selection given the commonalities between programs. Understanding how practitioners deal with complex decisions in the implementation of revolving funds helps identify future research to improve the performance of this conservation tool.

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“…Limited knowledge sharing and reporting on the operations of a program is a common situation for many of the voluntary private land conservation programs in Australia (Cooke ; Fitzsimons & Carr ; Fitzsimons ; Hardy et al . ,b). Despite the popularity of the program indicated by the number of participating landholders and relative longevity of the programs, few reviews have been published since the national expansion of the Land for Wildlife program (for a review prior to the national expansion see Smith ).…”

Section: Introductionmentioning

confidence: 99%

Trends and values of ‘Land for Wildlife’ programs for private land conservation

Prado¹,

Puszka²,

Forman³

et al. 2018

Eco Management Restoration

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Summary The Land for Wildlife program started in Victoria in 1981 as a voluntary program with the broad aim of supporting landholders in providing habitat for wildlife on their property. The program has since spread across Australia and is implemented in a range of guises, through a variety of governance approaches. This research collected qualitative and quantitative data on Land for Wildlife programs across Australia to conduct the first national review. Data were gathered on changes in program membership to assess different participation trends. In addition, phone interviews with Land for Wildlife coordinators throughout Australia were conducted to explore how the programs are positioned in delivering biodiversity outcomes in a range of different regions. Over 14,000 properties covering 2.3 million ha are currently registered under Land for Wildlife programs. with at least 500,000 ha of habitat managed for conservation. Limited resources present a large challenge faced by a number of programs, with generally low funding and staffing resulting in restricted biodiversity focus and conservation outcomes. We suggest options to enhance the programs and propose future research directions.

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Protecting nature on private land using revolving funds: Assessing property suitability

Cited by 13 publications

References 39 publications

Descriptive, Correlation Analysis and Analytical Hierarchy Process of Coastal Community Empowerment of Bengkulu City, Indonesia

Descriptive, Correlation Analysis and Analytical Hierarchy Process of Coastal Community Empowerment of Bengkulu City, Indonesia

Factors influencing property selection for conservation revolving funds

Trends and values of ‘Land for Wildlife’ programs for private land conservation

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