Incentive-Based Policy Design for Pollution Control and Biodiversity Conservation: A Review

Frans P. de Vries*, Nicholas David Hanley

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    26 Citations (Scopus)

    Abstract

    This paper provides a succinct review of the main developments in the literature on incentive-based policy mechanisms in the contexts of pollution control and biodiversity conservation, dating from the early beginnings of the science in the 1960s. A focal point in the review is on the design features of these policy mechanisms. Key developments in policy design were originally established in controlling externalities arising from pollution and have since been extended to policy design tailored towards biodiversity conservation. Special emphasis is given to the spatial characteristics of the environmental problems underlying both pollution control and biodiversity conservation. The paper concludes by drawing some lessons and setting out elements of a future research agenda in both policy domains.

    Original languageEnglish
    Pages (from-to)687-702
    Number of pages16
    JournalEnvironmental and Resource Economics
    Volume63
    Issue number4
    DOIs
    Publication statusPublished - 1 Apr 2016

    Keywords

    • Conservation auctions
    • Environmental markets
    • Environmental policy instruments
    • Mechanism design
    • Spatial coordination

    Fingerprint

    Dive into the research topics of 'Incentive-Based Policy Design for Pollution Control and Biodiversity Conservation: A Review'. Together they form a unique fingerprint.

    Cite this