Creating structural adjustments for biodiversity conservation
Synonyms:
Improving regulatory environment for business involvement in biodiversity conservation Creating legal environment for business involvement in the conservation of biological resources Providing enabling conditions for business involvement in biodiversity conservation
Description:
There is a need to consider targeted structural reforms of national systems of public and private finance, and the legal frameworks of countries with biological resource bases in order to stimulate business involvement in biodiversity conservation and produce new innovative private sector conservation schemes. At the same time as direct financial incentive schemes for business involvement there needs to be a broader framework of enabling conditions created which include: public awareness, clearer definition of property rights, strengthening of the legal system, and reform of fiscal policies such as taxes and subsidies.