The world has pledged to protect 30 percent of its land and waters by 2030 to halt the rapid deterioration of critical … summarize empirical evidence across multiple regions of the world. In most cases, protection has had at most a modest impact on … econometric advancements, shifting focus to direct measures of biodiversity, filling the knowledge gap on the effect of protected …

world. The goal of the present paper is to quantify the macro-level consequences of these micro-level shocks. Using an …

understood. Yet, there is little evidence comparing the effectiveness of these instruments, especially when considering water … resource management. We exploit a rich panel of residential water consumption to examine heterogeneous responses to both price … to reduce consumption among households who generally are large consumers of water. However, prescriptive policies such as …

We explore the effects of physical and regulatory risks related to biodiversity loss on economic activity and asset … values. We first develop a news-based measure of aggregate biodiversity risk and analyze how it varies over time. We also … construct and publicly release several firm-level measures of exposure to biodiversity risk, based on textual analyses of firms …

We explore the economic effects of biodiversity loss by developing an ecologically-founded model that captures how … ecosystem services are produced by combining several non-substitutable ecosystem functions such as pollination and water …, which depends, among other things, on the distribution of biodiversity losses across ecosystem functions. We discuss how …