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Economic Development and Environmental SustainabilityNew Policy Options$
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Ramón López and Michael A. Toman

Print publication date: 2006

Print ISBN-13: 9780199298006

Published to Oxford Scholarship Online: September 2006

DOI: 10.1093/0199298009.001.0001

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The Economics of Terrestrial Biodiversity Conservation in Developing Nations

The Economics of Terrestrial Biodiversity Conservation in Developing Nations

(p.382) 12 The Economics of Terrestrial Biodiversity Conservation in Developing Nations
Economic Development and Environmental Sustainability

López Ramón

Michael A. Toman

Oxford University Press

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

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