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- W2088618846 abstract "The prevailing federal policy of targeting conservation programs on the basis of physical criteria tends to ignore the threshold effect of conservation efforts and the correlation between alternative environmental benefits. In this article, we examine the extent to which conservation funds will be misallocated when threshold effects and correlated benefits are ignored. We show that targeting conservation efforts based on physical criteria or political equity concerns may actually lead to the lowest possible benefits to society from conservation expenditure. Ignoring correlated benefits may lead not only to misallocation of conservation funds among watersheds, but also to incorrect resources (e.g. land, streams) being targeted for conservation. The empirical analysis focuses on riparian habitat investments for salmon restoration in the Pacific Northwest. We show that a large portion of conservation benefits would be lost when threshold effects and correlated benefits are ignored, and argue that funds should be allocated so that the total value of environmental benefits is maximized, not the total amount of resources protected." @default.
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- W2088618846 date "2002-08-01" @default.
- W2088618846 modified "2023-09-23" @default.
- W2088618846 title "Targeting conservation efforts in the presence of threshold effects and ecosystem linkages" @default.
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- W2088618846 doi "https://doi.org/10.1016/s0921-8009(02)00104-0" @default.
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