“Designing Markets for Habitat Conservation: Lessons Learned from Agricultural Markets Research,” B-1297, shows the importance of thinking about market design when setting up a habitat exchange or bank. The rules of trading can affect market outcomes for buyers and sellers, the authors state in the bulletin.
A growing number of programs provide financial incentives to landowners to implement conservation. Conservation banks and exchanges protect land for habitat and other natural resource values to offset habitat loss elsewhere.
Landowners generate credits by enrolling acres or parcels of land that have habitat value with agreements to preserve and manage the land.
The bulletin can be viewed or downloaded by going to www.uwyo.edu/uwe and typing the title or B-1297. PDF, HTML or ePub versions are available.