In this paper we investigate the reasons why integrated conservation and development projects (ICDPs) fail to achieve … their conservation goals. We develop a bio-economic model of open access land and wildlife exploitation, which is consistent … the ICDP creates incentives to conserve habitat and wildlife, but, in general, the socially optimal level of conservation …

of the local berths endowment (i. e. a higher vessels transit in the Lagoon) is more effective for nature conservation …