Business strategies for conservation on private lands: Koa forestry as a case study.

ABSTRACT: Innovative financial instruments are being created to reward conservation on private, working lands. Major design challenges remain, however, to make investments in biodiversity and ecosystem services economically attractive and commonplace. From a business perspective, three key financial barriers for advancing conservation land uses must frequently be addressed: high up-front costs, long time periods with no revenue, and high project risk due to long time horizons and uncertainty. We explored ways of overcoming these barriers on grazing lands in Hawaii by realizing a suite of timber and conservation revenue streams associated with their (partial) reforestation. We calculated the financial implications of alternative strategies, focusing on Acacia koa ("koa") forestry because of its high

SUBMITTER: Goldstein JH 

PROVIDER: S-EPMC1502519 | biostudies-literature | 2006 Jun

REPOSITORIES: biostudies-literature