Ecotourism, bioprospecting and non-timber product marketing have been promoted recently as market-based instruments for environment protection, but without sound understanding of the resulting net conservation effects. We present evidence on the local conservation effects of recent argan oil...

Market-based approaches to biodiversity conservation gained popularity in the 1990s. The success of these strategies hinges on, first, the successful creation or expansion of target markets and, second, the beneficial involvement of local stakeholders in these markets so that improved incentives...

Ecotourism, bioprospecting and non-timber product marketing have been promoted recently as market-based instruments for environment protection, but without sound understanding of the resulting net conservation effects. We present evidence on the local conservation effects of recent argan oil...

This paper breaks new ground in the literature on bioprospecting by evaluating the local welfare effects associated with the successful bioprospecting-driven commercialization of argan oil in southwestern Morocco. The principal finding is that even when locals appear well-positioned to reap the...