Biodiversity, water and natural resource management

Handbook of Market Creation for Biodiversity: Issues in Implementation

 

The loss of biodiversity affects us in many ways. For some of us, its loss is felt in the same way that we regret the destruction of a great work of art- it may not affect us directly, but the indirect impact is strong. For others, its loss is felt in changes in lifestyles and livelihoods- the measurable costs are high. Striking the right balance between the conservation/sustainable use and the loss of biodiversity requires accounting for all the impacts of its destruction. Weighing the loss against any potential benefits will ensure that the social, as well as economic, well-being of every one are at the best levels possible. Market based economic systems have the potential to ensure that such a balancing occurs, but require that all the impacts of its loss, or use, have been fully internalised into market transactions. This book shows how public policy in the form of market creation can be used to internalise the loss of biodiversity. It promotes the use of markets to ensure that our collective preferences for conversation and sustainable use are reflected in economic outcomes.

Executive Summary available.

 

How to obtain this publication

Readers can access the full version of Handbook of Market Creation for Biodiversity: Issues in Implementation choosing from the following options:

  • Subscribers and readers at subscribing institutions can access the online edition via SourceOECD, our online library.
  • Non-subscribers can purchase the PDF e-book and/or paper copy via our Online Bookshop.
  • The report is available to journalists from the OECD Media Relations Division (Media Relations Division)

 

Related Documents

 

Executive Summary Handbook of Market Creation for Biodiversity: Issues in Implementation

 

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