Why be wasteful when preserving a valuable resource? A review article on the cost-effectiveness of European biodiversity conservation policy

Frank Wätzold and Kathleen Schwerdtner

No 1/2004, UFZ Discussion Papers from Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS)

Abstract: Issues related to the cost-effectiveness of biodiversity conservation policies have not yet been prominent in European conservation research and policy-making. Nevertheless, there is a small but growing literature which analyses such cost-effectiveness issues on both a conceptual and an applied level. The article reviews this literature, and focuses on reserves and compensation payments for conservation measures as the two most relevant conservation policy instruments in Europe. Progress has been achieved in understanding the cost-effective allocation of conservation measures and reserve sites, and further advances can be expected by integrating knowledge from ecology and the neoclassical analysis of policy instruments. Research on cost-effective monitoring, enforcement and decision-making has addressed selected issues such as designing incentives for farmers to reveal their conservation costs to the regulator. However, issues with high relevance for European conservation policy such as the cost-effectiveness of compensation payments for results and implementation problems related to the network NATURA 2000 have been neglected.

Keywords: Cost-effectiveness; conservation; biodiversity; policy instruments; Europe (search for similar items in EconPapers)
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/45218/1/388493321.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:ufzdps:12004

Access Statistics for this paper

More papers in UFZ Discussion Papers from Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().