Problem
Lack of private sector involvement in biodiversity conservation
Other Names:
Lack of business participation in conservation of biological resources Nature:
There are a number of underlying factors behind the lack of private sector involvement in biodiversity conservation. These include: institutional failures, such as missing markets and non-existent property rights for biodiversity goods and services; information failures, such as lack of scientific knowledge, lack of public awareness and lack of sustainability criteria; and enforcement failures, such as lack of appropriate legal systems.
Broader Problems:
Lack of environmental accounting in businessFailure of global economic mechanisms in biodiversity conservation Strategies:
Building capacity for conserving biological diversityDeveloping genetic engineering business for biodiversity conservationDeveloping industrial partnerships for biodiversity conservationDeveloping corporate biodiversity strategiesCreating structural adjustments for biodiversity conservationDeveloping pharmaceutical business strategies for biodiversity conservationSharing the benefits in biodiversity conservationUsing biodiversity priorities in business efficiency criteriaDeveloping business opportunities to conserve wild speciesIncorporating biodiversity into business life-cycle assessments Values:
BusinessConservationInvolvementParticipationConservativeLackNonparticipatoryUnderparticipation Subject(s):
Biosciences → BiologyCommerce → Business enterprises
Conservation → Conservation
Government → Private
Resources → Resources
Social Activity → Participation
Societal Problems → Scarcity
Related UN Sustainable Development Goals:
Problem Type:
G: Very specific problems Date of last update
12.08.2020 – 20:05 CEST