Creating Markets for Biodiversity: A Case Study of Earth Sanctuaries Ltd

Barbara Aretino, Paula Holland, Deborah Peterson and Michael Schuele
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Barbara Aretino: Productivity Commission
Paula Holland: Productivity Commission
Deborah Peterson: Productivity Commission
Michael Schuele: Productivity Commission

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Abstract: This papers examines the activities and operations of the first publicly listed company in Australia with wildlife conservation as its primary goal. Earth Sanctuaries Ltd (ESL) is the first publicly listed company in Australia with wildlife conservation as its primary goal. Its focus to date is on conservation of small native mammals that are threatened by exotic predators and loss of habitat. Its strategy has been to acquire land, erect electrified vermin-proof fencing, remove feral animals, regenerate native vegetation and reintroduce selected native species. The paper finds that there does not appear to be a consistent and coordinated approach across jurisdictions for private conservation providers to access, keep, relocate and trade native wildlife, amplifying uncertainty for organisations which operate in several jurisdictions.

Keywords: biodiversity; -; environment; -; conservation; -; wildlife; -; Earth; Sanctuaries; -; regulation; -; property; rights; -; competitive; neutrality; -; contestability; -; ecological; outcomes; -; private; sector; conservation (search for similar items in EconPapers)
JEL-codes: Q R (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-env
Date: 2001-09-04
Note: Type of Document - Word 97; prepared on IBM PC; to print on HP; pages: 86 ; figures: Nil
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpot:0108007

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