The loss of biodiversity is of great concern of the world, and the loss of tropical forest biodiversity has been singled out for urgent attention. This presentation delivers a new emerging trend to conserve biodiversity while rewarding people by providing and improving this environmental service through promoting markets for forest biodiversity protection services.Payment mechanisms or rewarding schemes for biodiversity protection at the global and local levels are currently implemented. However, to better manage the schemes biodiversity should be valuated to the nearest real worth. This paper will show common valuation techniques for biodiversity while key commodities used to market biodiversity protection services will be introduced. Examples of payment schemes for biodiversity protection will be presented to further understand the said concept.
Publication year
2006
Authors
Language
English
Keywords
biodiversity conservation, conservation (storage), market strategy
Geographic
Philippines
