New Approaches to Conservation Law
- New Horizons in Environmental and Energy Law series
AbstractBeyond the mechanisms discussed in detail earlier in the book (payment for ecosystem services, biodiversity offsetting, conservation covenants/easements and taxation), an essentially market-based approach to biodiversity can be adopted through other means. Development can be controlled by means of tradable development permits, based on meeting conservation objectives set for larger areas rather than relying on detailed site-specific controls. The laws on water rights in several jurisdictions and hunting and fishing quotas also present market-based approaches to regulating activities which have a major effect on biodiversity. Adverse effects on biodiversity can also be balanced by the collection of impact fees which are dedicated to actions taken to benefit biodiversity.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.