Working Paper: NBER ID: w27963
Authors: Geoffrey Heal
Abstract: This paper summarizes in non-technical terms the economic case for conserving biodiversity, and explains why we cannot rely on market forces to do this task. It reviews the policy interventions that could help in biodiversity conservation.
Keywords: No keywords provided
JEL Codes: Q0; Q01; Q1; Q20
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Biodiversity (Q57) | Ecosystem Services (Q57) |
| Market Failures (H49) | Biodiversity Loss (Q57) |
| Policy Interventions (D78) | Biodiversity Conservation (Q57) |
| Biodiversity (Q57) | Human Welfare (I31) |
| Biodiversity Loss (Q57) | Economic Costs (D61) |
| Market Failures (H49) | Inadequate Valuation of Biodiversity (Q57) |
| Market Failures (H49) | Land Clearance over Conservation (Q24) |
| Protected Areas (Q26) | Biodiversity Stabilization (Q57) |
| Financial Incentives for Ecosystem Services (Q57) | Biodiversity Conservation (Q57) |