Creating markets for habitat conservation when habitats are heterogeneous, Vol. 1 of 1

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Creating markets for habitat conservation when habitats are heterogeneous

Author:	Chomitz, Kenneth M.; Thomas, Timothy S.; Salazar Brandao, Antonio;	Collection Title:	Policy, Research working paper series ; no. WPS 3429
Country:	Brazil;	Date Stored:	2004/10/27
Document Date:	2004/10/01	Document Type:	Policy Research Working Paper
Language:	English	Region:	Latin America & Caribbean
Report Number:	WPS3429	SubTopics:	Wetlands; Environmental Economics & Policies; Water Conservation; Climate Change and Environment; Banks & Banking Reform; Forestry
Volume No:	1 of 1

Summary: A tradable development rights (TDR) program focusing on biodiversity conservation faces a crucial problem defining which areas of habitat should be considered equivalent. Restricting the trading domain to a narrow area could boost the range of biodiversity conserved but could increase the opportunity cost of conservation. The issue is relevant to Brazil, where TDR-like programs are emerging. Current regulations require each rural property to maintain a forest reserve of at least 20 percent, but nascent policies allow some tradability of this obligation. The authors use a simple, spatially explicit model to simulate a hypothetical state-level program. They find that wider trading domains drastically reduce landholder costs of complying with this regulation and result in environmentally preferable landscapes.


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File Type		Description	File Size (mb)

	PDF 34 pages	Official version*	1.27
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File Type		Description	File Size (mb)

	PDF 34 pages	WPS3429	1.26

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