Conservation markets for wildlife management with case studies from whaling

Leah Gerber, Christopher Costello, Steven D. Gaines

Research output: Contribution to journalReview article

6 Scopus citations

Abstract

Although market-based incentives have helped resolve many environmental challenges, conservation markets still play a relatively minor role in wildlife management. Establishing property rights for environmental goods and allowing trade between resource extractors and resource conservationists may offer a path forward in conserving charismatic species like whales, wolves, turtles, and sharks. In this paper, we provide a conceptual model for implementing a conservation market for wildlife and evaluate how such a market could be applied to three case studies for whales (minke [Balaenoptera acutorostrata], bowhead [Balaena mysticetus], and gray [Eschrictius robustus]). We show that, if designed and operated properly, such a market could ensure persistence of imperiled populations, while simultaneously improving the welfare of resource harvesters.

Original languageEnglish (US)
Pages (from-to)4-14
Number of pages11
JournalEcological Applications
Volume24
Issue number1
DOIs
StatePublished - Jan 1 2014

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Keywords

  • Balaena mysticetus
  • Balaenoptera acutorostrata
  • Bowhead whale
  • Conservation
  • Conservation market
  • Eschrictius robustus
  • Gray whale
  • Minke whale
  • Tradable harvest quota
  • Whaling

ASJC Scopus subject areas

  • Ecology

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