Conservation markets for wildlife management with case studies from whaling
Although market‐based incentives have helped resolve many environmental challenges, conservation markets still play a relatively minor role in wildlife management. Establishing property rights for environmental goods and allowing trade between resource extractors and resource conservationists may of...
| Published in: | Ecological Applications |
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| Main Authors: | , , |
| Format: | Article in Journal/Newspaper |
| Language: | English |
| Published: |
Wiley
2014
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| Subjects: | |
| Online Access: | http://dx.doi.org/10.1890/12-1919.1 https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1890%2F12-1919.1 https://esajournals.onlinelibrary.wiley.com/doi/pdf/10.1890/12-1919.1 |
| Summary: | Although market‐based incentives have helped resolve many environmental challenges, conservation markets still play a relatively minor role in wildlife management. Establishing property rights for environmental goods and allowing trade between resource extractors and resource conservationists may offer a path forward in conserving charismatic species like whales, wolves, turtles, and sharks. In this paper, we provide a conceptual model for implementing a conservation market for wildlife and evaluate how such a market could be applied to three case studies for whales (minke [ Balaenoptera acutorostrata ], bowhead [ Balaena mysticetus ], and gray [ Eschrictius robustus ]). We show that, if designed and operated properly, such a market could ensure persistence of imperiled populations, while simultaneously improving the welfare of resource harvesters. |
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