The Australian Government’s Best Practice Regulation Handbook is “committed to the use of benefit-cost analysis to assess regulatory proposals to encourage better decision making”. But how do you factor in the value of a bird, a beetle or an area of bush in a benefit-cost analysis? Coming up with dollar values for ‘non-market’ components of the environment has always been challenging.
Research on non-market valuation – what is it good for?
The movement of organisms has a fundamental influence on the distribution of biodiversity. Movement affects community structure and ecological phenomena such as reproduction, resource availability, genetic diversity, food webs, and species interactions. Anthropogenic disturbances and inappropriate management can disrupt these important processes, so movement information should be considered in conservation decisions.
Using biodiversity offsets to capture moving conservation targets How do we conserve something when it won’t stand still? It’s a question we are only just beginning to grapple with in conservation science. Fixed protected areas are an example of a classic conservation tool, but traditional interventions like these can be ineffective for ‘moving targets’: for […]