Markets in Biodiversity Offsets

Nick Hanley and Katherine Simpson

Australian Journal of Agricultural and Resource Economics, 2025, vol. 69, issue 3, 476-478

Abstract: We outline the key features of markets for biodiversity offsets as a promising economic instrument to incentivise conservation on farmland. Following a review of the main advantages of the approach, we summarise the results of empirical investigations of four key design features of such markets: the metric, the exchange rate, the regulatory target and geographic scope.

Date: 2025
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https://doi.org/10.1111/1467-8489.70027

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Persistent link: https://EconPapers.repec.org/RePEc:bla:ajarec:v:69:y:2025:i:3:p:476-478

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