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 language | English (US) |
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Pages (from-to) | 4-14 |
Number of pages | 11 |
Journal | Ecological Applications |
Volume | 24 |
Issue number | 1 |
DOIs | |
State | Published - Jan 2014 |
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