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).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:48:48am WEST
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Daily Overview |
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Egg-Timer: Biodiversity and Ecosystem Valuation Location: D-107 Session Chair: Jihad Elnaboulsi, University Marie et Louis Pasteur | |
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Municipal Nature Offset Markets – Balancing National and Local Environmental Public Goods. Statistics Norway, Norway Environmental restoration, as a compensatory mechanism for the development of previously undisturbed land, can play a significant role in fulfilling nature conservation objectives. Numerous local authorities have adopted spatial planning frameworks that incorporate nature targets, such as “no net loss” (NNL), often operationalized through net area or net biodiversity principles (i.e., area neutrality or no net loss in biodiversity). This study employs an analytical economic model to evaluate the welfare implications of both municipal offset schemes and coordinated offset strategies across adjacent municipalities, accounting for ecosystem services that also benefit local communities. Intermunicipal cooperation in achieving NNL targets can improve overall welfare compared to isolated municipal strategies. Nevertheless, offset markets may lead to an inefficient spatial distribution of net development across municipalities when local values of nature are heterogeneous. We suggest that implementing an offset market based on environmental value metrics, rather than strict area-based neutrality (ambient permits), may mitigate some of the inefficiencies inherent in area-neutrality frameworks. | |