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Economic Incentives for Marine and Coastal Conservation - Prospects, Challenges and Policy Implications (Paperback)
Loot Price: R1,420
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Economic Incentives for Marine and Coastal Conservation - Prospects, Challenges and Policy Implications (Paperback)
Series: Earthscan Oceans
Expected to ship within 12 - 17 working days
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Marine and coastal resources provide millions of people with their
livelihoods, such as fishing and tourism, and a range of critical
additional 'ecosystem services', from biodiversity and culture to
carbon storage and flood protection. Yet across the world, these
resources are fast-diminishing under the weight of pollution, land
clearance, coastal development, overfishing, natural disasters and
climate change. This book shows how economic instruments can be
used to incentivize the conservation of marine and coastal
resources. It is shown that traditional approaches to halt the
decline focus on regulating against destructive practices, but to
little effect. A more successful strategy could be to establish
schemes such as payments for ecosystem services (PES), or
incorporate an element of financial incentives into existing
regulatory mechanisms. Examples, both terrestrial and marine, from
across the world suggest that PES can work to protect both
livelihoods and environments. But to succeed, it is shown that
these schemes must be underpinned by robust research, clear
property rights, sound governance structures, equitable benefit
sharing, and sustainable finance. Case studies are included from
south and east Asia, Latin America, Africa and Australia. The book
explores the prospects and challenges, and draws lessons from PES
and PES-like programmes from across the globe.
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