Comparative costs and conservation of wild species in situ, e.g. orangutans
Clement Tisdell and
Hemanath Swarna Nantha
Ecological Economics, 2011, vol. 70, issue 12, 2429-2436
Abstract:
The extent to which conservation is feasible is constrained by budgets and the financial sacrifice stakeholders are willing to bear. Therefore a possible objective for conserving a species is to minimise the cost of achieving that stated aim. For example, if a minimum viable population (MVP) of a species is to be conserved, the size and type of habitats reserved for this could be selected to minimise cost. This requires consideration of the comparative (relative) opportunity costs of reserving different land types for conservation. A general model is developed to demonstrate this and is applied to the case of the orangutan. In the ecological literature, recommendations for reserving different types of land for conservation have been based on comparisons of either the absolute economic returns they generate if converted to commercial use or on differences in the density of a species they support. These approaches are shown to be deficient because they ignore relative trade-offs between species population and economic conversion gains at alternative sites. The proposed model is illustrated for orangutan conservation.
Keywords: Comparative costs; Conservation in situ; Environmental policy; Minimum viable populations; Opportunity costs; Orangutan (Pongo spp.) (search for similar items in EconPapers)
JEL-codes: Q01 Q13 Q57 Q58 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:70:y:2011:i:12:p:2429-2436
DOI: 10.1016/j.ecolecon.2011.07.026
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