Conservation leaders explore three types of incentive programs to achieve land conservation in an economically efficient, measurably effective, and reasonably equitable manner: tax incentives, market-based incentives, and fiscal (or budgetary) incentives.
"Recent progress in strengthening U.S. tax and market-based incentives for land and biodiversity conservation, combined with potentially significant fiscal incentives, could provide an historic opportunity to realize ambitious conservation objectives in the next decade. There are many thorny conservation challenges that might be addressed with such incentives. One of most urgent is associated with the Mississippi River watershed where Aldo Leopold spent much of his life...
A combination of innovative tax, market-based, and fiscal incentives could make a significant impact in improving the ecological character of the watershed and reducing hypoxia in the Gulf. For example, incentives targeted to encourage stream bank restoration, the establishment and stewardship of buffer strips, the implementation of crop rotation schemes that reduce fertilizer runoff, and the reduction of impervious surfaces near watercourses could, after sufficient trial and error, prove to be efficient, measurably effective, and reasonably equitable across geographic and socioeconomic lines. If implemented across the Mississippi watershed, such tools would benefit marine and bird populations, as well as the Gulf fishing industry and local economies."
Thanks to Elaine Huff
FULL STORY: Conservation Incentives in America's Heartland
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