Work

Markets in Biodiversity Offsets

Year: 2025

Type: article

Abstract: ABSTRACT We outline the key features of markets for biodiversity offsets as a promising economic instrument to incentivise conservation on farmland. Following a review of the main advantages of the approach, we summarise the results of empirical investigations of four key design features of such markets: the metric, the exchange rate, the regulatory target and geographic scope.

Source: Australian Journal of Agricultural and Resource Economics

DOI: 10.1111/1467-8489.70027

Authors: Nick Hanley, Katherine Simpson

Institution: University of Glasgow

Language: English

Topic: Environmental Conservation and Management

Subfield: Management, Monitoring, Policy and Law

Field: Environmental Science

Domain: Physical Sciences

SDGs: Life on land, Zero hunger

Open Access status: hybrid

Estimated APC paid: $2,710