Creating Markets for Habitat Conservation When Habitats Are Heterogeneous

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 biod...

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Bibliographic Details
Main Authors:	Chomitz, Kenneth M., Thomas, Timothy S., Salazar Brandão, Antônio
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, D.C. 2013
Subjects:	ABANDONMENT AGRICULTURAL LAND AGRICULTURAL LANDS AGRICULTURE AIR POLLUTION ALTERNATIVE APPROACH AMAZON BASIN BIODIVERSITY BIODIVERSITY CONSERVATION BIOLOGICAL CHARACTERISTICS BIOMASS CARBON CARBON SEQUESTRATION CARBON STORAGE CLEAN WATER ACT COMPLIANCE COSTS CROPLAND CROPS DEFORESTATION DEMAND CURVES DEVELOPING COUNTRIES ECOLOGICAL CONDITIONS ECONOMIC IMPACTS ECONOMIC INSTRUMENTS ECONOMIC VALUES ECONOMICS ECOSYSTEM ECOSYSTEMS ENVIRONMENTAL BENEFITS ENVIRONMENTAL EFFECTS ENVIRONMENTAL IMPACTS ENVIRONMENTAL SERVICES EQUILIBRIUM EXPENDITURES FARMERS FARMS FISHERIES FOREST COVER FOREST LAND FOREST REGROWTH FORESTS FURNACES HABITAT CONSERVATION HABITATS IRON LAND COVER LAND MANAGEMENT LAND USE LAND USES LAND VALUE LEGISLATION OPPORTUNITY COSTS PARKS PERMIT PROGRAMS PERMITS PLAINS PLANTATIONS PLOTS POLITICAL ECONOMY PRESENT VALUE PRESERVATION REMOTE SENSING RESTORATION RIVER RIVER BASINS RIVERS ROCKS SAVINGS SOCIAL COSTS SOIL STREAMS TIMBER TRADABLE DEVELOPMENT RIGHTS TRADEOFFS TREES VEGETATION WATERSHED WATERSHED PROTECTION WATERSHEDS WETLAND LOSSES WETLAND MITIGATION
Online Access:	http://documents.worldbank.org/curated/en/2004/10/5216707/creating-markets-habitat-conservation-habitats-heterogeneous http://hdl.handle.net/10986/14234

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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.

Creating Markets for Habitat Conservation When Habitats Are Heterogeneous

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