Chapter

The Economics of Terrestrial Biodiversity Conservation in Developing Nations

López Ramón and Michael A. Toman

in Economic Development and Environmental Sustainability

Published in print June 2006 | ISBN: 9780199298006
Published online September 2006 | e-ISBN: 9780191603877 | DOI: http://dx.doi.org/10.1093/0199298009.003.0013

Series: Initiative for Policy Dialogue Series

 The Economics of Terrestrial Biodiversity Conservation in Developing Nations

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Scientists and governments recognize the importance of biodiversity and its value to society. However, the unprecedented loss of biodiversity in this century signals a serious failure of policy to protect the plethora of species in the environment. As biodiversity loss is fundamentally an economic problem, economic theory and empirical analyses can play an important role in helping to protect biological diversity in developing nations. This chapter focuses on the use of economic analysis to develop better policy portfolios for biodiversity conservation, discusses biodiversity as a whole rather than a species in particular, and emphasizes land management and habitat protection to achieve conservation.

Keywords: land management; habitat protection; protected area; incentive

Chapter.  13277 words. 

Subjects: Economic Development and Growth

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