Conservation payments under uncertainty - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/conservation-payments-under-uncertainty\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Conservation payments under uncertainty - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"This paper examines the design of conservation payments to landowners under uncertainty.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/conservation-payments-under-uncertainty\/\" \/>\n<meta property=\"og:site_name\" content=\"Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-19T14:00:39+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/publication\\\/conservation-payments-under-uncertainty\\\/\",\"url\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/publication\\\/conservation-payments-under-uncertainty\\\/\",\"name\":\"Conservation payments under uncertainty - 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{"id":12478,"date":"2015-02-10T11:38:44","date_gmt":"2015-02-10T11:38:44","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&p=12478"},"modified":"2024-08-19T15:00:39","modified_gmt":"2024-08-19T14:00:39","slug":"conservation-payments-under-uncertainty","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/conservation-payments-under-uncertainty\/","title":{"rendered":"Conservation payments under uncertainty"},"content":{"rendered":"\n

The decision of whether to retain forest or convert to another land use is affected by uncertainty over future land use returns. This paper examines the design of conservation payments to landowners under uncertainty. Payments are either indexed to the returns from deforestation (agriculture), or to a market value associated with forest nonuse benefits. Payment size depends on the degree of correlation between payments and agricultural returns, and their relative volatility. Market-based payments for reducing emissions from deforestation and degradation (REDD) are simulated for Brazilian soybean growers. Payments indexed to carbon prices are larger than those indexed to international soybean prices. (JEL Q23, Q24)<\/em><\/p>\n

Engel, S., C. Palmer, L. Taschini, and S. Urech (2015) in Land Economics<\/em> 91(1): 36-56.<\/p>\n\n","protected":false},"excerpt":{"rendered":"\n

This paper examines the design of conservation payments to landowners under uncertainty.<\/p>\n\n","protected":false},"author":12,"featured_media":0,"template":"","tags":[395,145,140,180,269],"publication-type":[436],"topic_area":[4694,4700,4701,4699],"class_list":["post-12478","publication","type-publication","status-publish","hentry","tag-agriculture","tag-brazil","tag-deforestation","tag-redd","tag-uncertainty","publication-type-research-articles","topic_area-policy-evaluation","topic_area-land-and-oceans","topic_area-forests","topic_area-biodiversity"],"acf":{"downloads":{"ref_value":"field_52f16cc1a80f2","value":false,"type":"repeater","post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["luca-taschini","charles-palmer"],"type":"relationship","post_type":"profile"},"article_link":{"ref_value":"field_52eee3c7f0586","value":"https:\/\/le.uwpress.org\/content\/91\/1\/36.abstract","type":false,"post_type":""},"article_link_title":{"ref_value":"field_5322399d89d42","value":"Link to publisher","type":false,"post_type":""},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""},"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"show_translations_widget":{"ref_value":"field_6203d588c41e8","value":"0","type":false,"post_type":""}},"yoast_head":"\nConservation payments under uncertainty - 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