Question

Explain the social and economic strategies of conserving biodiversity

09 Mar 2018
Answer :
Word Count : 250

Social and economic strategies have become increasingly prominent in biodiversity planning. However, many of these approaches are new to conservationists and there is little experience in applying them to the sustainable use and conservation of biodiversity.

Economic incentives

Economic biodiversity incentives should make biodiversity an asset rather than a liability to concerned agents. They aim to increase returns on activities that conserve or restore valuable biological habitats as well as increasing the cost or lowering the return to activities that damage habitat.

Economic incentives comprise of a subset of all possible incentives for biodiversity conservation. Economic incentives tend

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