Biodiversity conservation and climate mitigation: what role can economic instruments play?

  • Ring I
  • Drechsler M
  • van Teeffelen A
 et al. 
  • 5


    Mendeley users who have this article in their library.
  • N/A


    Citations of this article.


Tradable permits and intergovernmental fiscal transfers play an increasing role in both biodiversity conservation and climate mitigation. In comparison to regulatory and planning approaches these economic instruments offer a more flexible and cost-effective approach to biodiversity conservation. Economic instruments should act as complements to rather than substitutes for conventional land-use planning, given that their applicability is limited by the heterogeneity of biodiversity. Linking biodiversity policies with carbon mitigation policies may provide synergies and alleviate the chronic inadequacy of conservation budgets. Since the scope and scale of the two policy fields differ in some respects, it must be ensured that market-based climate mitigation policies will be implemented with the restrictions necessary for safeguarding Earth's biological diversity.

Author-supplied keywords

  • carbon payments
  • conservation
  • deforestation
  • emissions
  • environmental services
  • forest degradation
  • habitat
  • incentives
  • intergovernmental fiscal transfers
  • restoration
  • species

Get free article suggestions today

Mendeley saves you time finding and organizing research

Sign up here
Already have an account ?Sign in

Find this document


  • I Ring

  • M Drechsler

  • A J A van Teeffelen

  • S Irawan

  • O Venter

Cite this document

Choose a citation style from the tabs below

Save time finding and organizing research with Mendeley

Sign up for free