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When Traditional Regulation Fails: Using Market-Based Instruments to Improve Environmental Management

Government regulation has long been the traditional mechanism employed to avoid environmental degradation. These Command and Control (CAC) policies tell companies what the environmental standards are and how to meet them. Consider popular environmental policy: emission standards, equipment specifications, disclosure requirements, etc.

Emerging Trends in Sustainable Development: An Ecosystem Service Approach

Ecosystem Services (ES) are the benefits nature provides to people. These can include essential services like access to clean drinking water and food production or other values like recreational opportunities and aesthetics. The natural resource sector also depends on the benefits nature provides to exist. Without healthy, functioning ecosystems, the forestry sector would not have a sustainable timber harvest and the agricultural sector would not have productive land to produce crops. While lumber, pulp and paper and the production of food all have a market value, there are a number of regulating and supporting services nature provides that are not associated with a market price. Nutrient cycling, pollination, and genetic diversity, are all examples of services that, if they were to disappear, would have detrimental impacts on these sectors; however current markets do not associate a cost with them.

Land Use 2016 - Key Learnings

Land Use 2016 – Key Learnings

 

A Forum for Discussion + Debate

 

We're Conducting a Survey!

We’re conducting a survey!!! Please participate.

Capacity: New faces and fresh ideas in Alberta

Capacity. What does that mean and how do you measure it? Capacity building can mean a variety of things to different people and organizations. The Ecosystem Services and Biodiversity Network (ESBN) members understand this is a challenge, but equally know it can’t be ignored. To the ESBN, capacity means having the understanding, the competencies and the knowledge to develop and execute ecosystem services (ES) and biodiversity markets. Capacity means we understand the science, the economics and the social benefits to develop ES and biodiversity markets. Capacity signifies we have the means to develop accounting protocols, assessment platforms and decisions support systems.