 Designing and implementing conservation tender metrics: Twelve core considerationsLand Use Policy, 2017, vol. 63, issue C, 561-571 Abstract: In conservation tenders metrics are intended to describe the values that would result from alternate investments; they are the linkage between individual on-ground projects and tender scheme proponents. These metrics have received little attention by economists yet are the critical linchpin that defines the nature of the values that are traded in markets. In this paper we identify twelve lessons that can guide practitioners in metric design. These lessons embrace the principal biophysical changes likely to result from management change at each site and in combination, and reflect the values that society places on the outcomes from these changes. Practical application is explored through four example tenders encompassing five metrics which demonstrate substantial variation from the lessons identified. The practical consequences for cost-efficiency of investment, and for the use of conservation tenders generally, are unclear because of the practical and political difficulties in developing effective conservation tender approaches. Keywords: Conservation tenders; Metrics; Fungibility; Benefit indices; Prioritization; Practical considerations (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:lauspo:v:63:y:2017:i:c:p:561-571 DOI: 10.1016/j.landusepol.2015.05.010 Access Statistics for this article Land Use Policy is currently edited by Jaap Zevenbergen More articles in Land Use Policy from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.