The economics of biodiversity loss The economics of biodiversity loss: Scoping the science economicsofbiodi08balm Year: 2008 Throughout we refer to a 'policy action' but the framework can be used to test packages of policy actions, as long as adequate counterfactual states of the world are created accordingly. The term 'wild nature loss' is used throughout to refer to losses in biodiversity (both variety and amount) and ecosystem degradation (section ). Defining appropriate policy actions based on the drivers of loss Biodiversity is being lost and ecosystems are being degraded thro


The economics of biodiversity loss The economics of biodiversity loss: Scoping the science economicsofbiodi08balm Year: 2008 Throughout we refer to a 'policy action' but the framework can be used to test packages of policy actions, as long as adequate counterfactual states of the world are created accordingly. The term 'wild nature loss' is used throughout to refer to losses in biodiversity (both variety and amount) and ecosystem degradation (section ). Defining appropriate policy actions based on the drivers of loss Biodiversity is being lost and ecosystems are being degraded through a diversity of drivers, including habitat loss and degradation, overexploitation, species invasions, and climate change (Baillie et al. 2004). The starting point of the framework needs to be a good understanding of these drivers. This is crucial to desinging and costing effective policy actions for reducing/halting biodiversity loss and ecosystem degradation (losses in wild nature). policy action to halt/reduce wild nature loss For example, overexploitation is the main driver of losses in the —' provision of marine fisheries (Pauly et al. 2005). Appropriate policy actions for reducing/halting the decline in the provision of benefits from marine fisheries address this driver directly by regulating fishing effort. This may include: Regulation of the temporal distribution of fishing effort by setting fishing seasons that minimise impacts on the fish stocks (, avoiding the reproductive season). Regulation of the spatial distribution of fishing effort ( creating marine protected areas with no-take zones, banning of bottom dredging practices below 1000 m). Regulation of overall fishing effort, by setting fishing quotas. Regulation of fishing targets and impacts, by defining which fishing gear can be used. The first, and crucial, step in the framework is to make explicit what the overall conservation goal is. For example, it may be 'to prevent any additional fishing st


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