Showing 1 - 10 of 7,511
The pace of biodiversity loss requires drastic shifts in conservation efforts that carry substantial costs. We … initiative launched by the Chinese central government in 2017 to enforce biodiversity preservation rules in national nature … reserves. We document that, while improving local biodiversity, the initiative led to a significant increase in bond yields for …
Persistent link: https://www.econbiz.de/10014635706
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 …
Persistent link: https://www.econbiz.de/10014250155
The use of Payment for Environmental Services (PES) is not a new type of contract but they have become more in vogue because of the potential for sequestering carbon by paying to prevent deforestation and degradation of forest lands. We provide a framework utilizing transaction costs to...
Persistent link: https://www.econbiz.de/10012459922
for the costs of political bargaining and lobbying that arise from implementing and administering government regulation …. Regulation, tax, and Coasean exchange, such as through cap-and-trade regimes, are presented as substitutes, based on the relative …
Persistent link: https://www.econbiz.de/10012456769
Governments support particular firms or sectors by granting low interest financing, reduced regulation, tax relief … productive use, the economy wide marginal product of emissions falls with an increase in any subsidy, tending to decrease …
Persistent link: https://www.econbiz.de/10012463650
This paper summarizes in non-technical terms the economic case for conserving biodiversity, and explains why we cannot … rely on market forces to do this task. It reviews the policy interventions that could help in biodiversity conservation …
Persistent link: https://www.econbiz.de/10012482183
The use of private capital to finance biodiversity conservation and restoration is a new practice in sustainable … finance. This study sheds light on this new practice. First, we provide a conceptual framework that lays out how biodiversity … types of financing is the "monetization" of biodiversity, that is, the extent to which investments in biodiversity can …
Persistent link: https://www.econbiz.de/10014247943
concerns over the extent and rate of biodiversity loss have led to renewed interest in extinction outcomes and speculation …
Persistent link: https://www.econbiz.de/10014447273
Existing models of open-access resources are applicable to non-storable resources, such as fish. Many open-access resources, however, are used to produce storable goods. Elephants, rhinos, and tigers are three prominent examples. Anticipated future scarcity of these resources will increase...
Persistent link: https://www.econbiz.de/10012473168
markets and environmental regulation. We emphasize the substantive contributions of recent papers while also highlighting how … the topics examined by this literature--especially auctions, investment, productivity and innovation, and regulation …
Persistent link: https://www.econbiz.de/10012629455