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The size of the protected area is recognized as one of the key attributes for assessing the effectiveness of investing in protected areas.
"Green Bonds" emerged as a new form of environmental financing in 2007.
Temporal spillovers occur when a conservation program changes what happens to land outside the temporal window of the conservation contract.
Until recently public efforts to encourage conservation on private land in many countries has primarily been through uniform payment policies.
The paper looks at the development of conservation policy since the mid-20th Century. It reviews how land conservation policy developed in the UK, and the ethical and policy design issues which emerged as the focus of conservation expanded.
In many parts of the world, deteriorating environmental conditions have led policy makers to develop policies and programs aimed at promoting conservation practices on lands devoted to agriculture.
The dominant paradigm of conservation-reserve planning in economics is to optimize the provision of physical conservation benefits (measured in units like species protected) given a budget constraint.
The agglomeration bonus literature has not recognized the potential of conditional agreements to overcome the informational requirements, particularly those of landowners, necessary to induce spatially coordinated land conservation.
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