Getting fourteen for the price of one! Understanding the factors that influence land value and how they affect biodiversity conservation in central Brazil

Lourival, R. F., Caleman, S. M. de Q., Villar, G. I. M., Ribeiro, A. R. and Elkin, C. M. (2008) Getting fourteen for the price of one! Understanding the factors that influence land value and how they affect biodiversity conservation in central Brazil. Ecological Economics, 67 1: 20-31. doi:10.1016/j.ecolecon.2008.04.022


Author Lourival, R. F.
Caleman, S. M. de Q.
Villar, G. I. M.
Ribeiro, A. R.
Elkin, C. M.
Title Getting fourteen for the price of one! Understanding the factors that influence land value and how they affect biodiversity conservation in central Brazil
Journal name Ecological Economics   Check publisher's open access policy
ISSN 0921-8009
Publication date 2008-08-01
Sub-type Article (original research)
DOI 10.1016/j.ecolecon.2008.04.022
Volume 67
Issue 1
Start page 20
End page 31
Total pages 12
Place of publication Netherlands
Publisher Elsevier BV
Language eng
Subject C1
9606 Environmental and Natural Resource Evaluation
050202 Conservation and Biodiversity
Abstract Biodiversity policies are suffering an implementation crisis; the roots are deeply entrenched in the unfair competition between the public and private interests for suitable versus available land. In this article we propose a value-based equivalence method for compensation for the 20% compulsory reserves in the Taquari River sub-catchments, as legally required for central savannas of Brazil. Using regression techniques we analyzed 106 land deals in the Pantanal's watershed and identified the most significant variables influencing land value. We argue that the commonly used area-for-area, compensation mechanism, where 1 ha of compulsory reserve is missing, requires another hectare protected in the same catchments, instead of counteract habitat loss, is in fact harmful to biodiversity, stimulating progressive habitat destruction. We identified the economic forces behind deforestation and habitat fragmentation in the central savannahs of Brazil and proposed a market-based approach to counteract these forces using tools already available in environmental economics. We suggest that a dollar-for-dollar reference to determine land equivalence and compensation can better counter-balance the incremental losses from habitat destruction, while providing objectivity and transparency for trading alternatives.
Keyword Land value Cerrado
Pantanal
Equivalence
Valuation
Landuse
Surface Flow Wetland
Q-Index Code C1
Q-Index Status Confirmed Code

Document type: Journal Article
Sub-type: Article (original research)
Collections: 2009 Higher Education Research Data Collection
Spatial Ecology Lab Publications
School of Biological Sciences Publications
 
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Created: Fri, 27 Feb 2009, 23:59:38 EST by Gail Walter on behalf of School of Biological Sciences