Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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Biodiversity and environmental preferences Location: Auditorium N: Agnar Sandmo Session Chair: Linda Pesu, University of Helsinki | |
| Presentation 3 | |
Controlling land-use change with a nature loss fee 1: University of Helsinki; 2: Natural Resources Institute Finland; 3: Finnish Environment Institute We study the Pigouvian solution for biodiversity loss, a fee levied on nature loss from land-use change. Combining Finnish data on land-use changes and property price transactions to a biodiversity index, we quantify the economic and environmental impacts of a "nature loss fee" which maximizes the biodiversity gains for a fixed government budget. We examine five biodiversity-weighting approaches to fee structures and their effects across urban-rural categories and regions. We find that a uniform area-based fee on deforestation significantly reduces the loss of forest and biodiversity. An approach targeting biodiversity hotspots effectively preserves them at a relatively low cost, while a middle-ground policy based on a linearly weighted area-and-quality measure balances deforestation reduction and biodiversity preservation across regions. Comparing these fees to command-and-control policies, we find that nature loss fees achieve biodiversity preservation at significantly lower costs. | |
