Regulation, the Hybrid Market, and Species Conservation – The Case of Conservation Banking in California DOI Creative Commons
Marie Grimm

Research Square (Research Square), Journal Year: 2022, Volume and Issue: unknown

Published: May 9, 2022

Abstract Conservation Banking in California is a long-established offset program. Banks are hybrid instruments that hover between market autonomy and regulatory oversight. Challenges may affect program success include aligning regulation with the scales objectives of conservation interaction other compensation instruments. I use an analytical framework combining social-ecological fit (does spatial, functional, temporal or conservation?) instrument (are redundant, synergetic, etc.?) to analyze institutional banking Results show fails reflect species objectives, creating mismatch. The disincentivizes banking, while its conserving cannot be measured. Competing redundant can lead weaker compensation. needs equal standards for all Findings on useful programs, considerations could improve offsets anywhere.

Language: Английский

Regulation, the Hybrid Market, and Species Conservation – The Case of Conservation Banking in California DOI Creative Commons
Marie Grimm

Research Square (Research Square), Journal Year: 2022, Volume and Issue: unknown

Published: May 9, 2022

Abstract Conservation Banking in California is a long-established offset program. Banks are hybrid instruments that hover between market autonomy and regulatory oversight. Challenges may affect program success include aligning regulation with the scales objectives of conservation interaction other compensation instruments. I use an analytical framework combining social-ecological fit (does spatial, functional, temporal or conservation?) instrument (are redundant, synergetic, etc.?) to analyze institutional banking Results show fails reflect species objectives, creating mismatch. The disincentivizes banking, while its conserving cannot be measured. Competing redundant can lead weaker compensation. needs equal standards for all Findings on useful programs, considerations could improve offsets anywhere.

Language: Английский

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