Problem
Failure of global economic mechanisms in biodiversity conservation
Experimental visualization of narrower problems
Other Names:
Failure to create equitable sharing of the benefits and costs of biodiversity conservation Nature:
Conservation of biological resources faces an inequitable distribution of benefits and costs, with benefits primarily accruing at the national and international levels and costs accruing at the local level. The funding gap and inequitable distribution of benefits and costs are due to a complex array of government and market failures. These lead to the inability of economic conservation strategies to pay for themselves and thus lead ultimately to the loss of biological resources.
Narrower Problems:
Undervaluation of natural capitalLack on investment in biodiversity conservationExclusion of biodiversity factors in development planningLack of regional economic models for biodiversity conservationLack of private sector involvement in biodiversity conservationLack of community economic development models for biodiversity conservation Aggravates:
Lack of environmental funding Strategies:
Promoting sustainable use of biodiversityRestructuring existing biodiversity marketsSharing the benefits in biodiversity conservationPromoting multilateral framework agreements for benefit-sharing in biodiversity conservationIntegrating biodiversity concerns into economic development planningPromoting alternative perspectives of biodiversityResourcing biodiversity conservationAssessing impacts of trade policy on biodiversity conservation Subject(s):
Commerce → Purchasing, supplyingConservation → Conservation
Economics → Economic
International Relations → Planetary initiatives
Social Activity → Welfare
Societal Problems → Failure
Related UN Sustainable Development Goals:
Problem Type:
E: Emanations of other problems Date of last update
04.10.2020 – 22:48 CEST