Market mechanisms are increasingly being employed to provide alternative and innovative support for conservation, environmental management and poverty alleviation. Markets can potentially provide local people and communities the chance to transform their natural capital into financial flows, whilst diversifying their income base and reducing vulnerability to natural and other calamities. However, without secure property rights, suitable skills, institutional frameworks, education, financial investments to develop products and services, access to information and distribution channels, and efficient coordination, local people and communities will find it extremely difficult to use markets as a force for poverty alleviation and conservation.
Publication year
2005
Authors
Padilla J E; Bennagen E C; Tongson E E; Tolosa M O; Lasco R D
Language
English
Keywords
markets, poverty
