Designing and implementing conservation tender metrics: Twelve core considerations |
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| Institution: | 1. Área de la Cadena Agroalimentaria, Grupo Agroecosost, IFAPA, Camino de Purchil s/n, Granada, Spain;2. Área de la Cadena Agroalimentaria, IFAPA, Carretera Bailén-Motril, Mengibar, Jaén, Spain;1. Department of Sociology, Colorado State University, Clark B-233, Fort Collins, CO 80526, USA;2. Department of Sociology, Colorado State University, Clark B-240, Fort Collins, CO 80526, USA;1. Faculty of Architecture and the Built Environment, Department OTB, Delft University of Technology, PO Box 5043, 2600 GA, Delft, The Netherlands;2. Faculty of Law, VU University Amsterdam, De Boelelaan 1105, 1081 HV, Amsterdam, The Netherlands;3. Property lawyer at the Port of Rotterdam, The Netherlands;1. Junta de Castilla y León, Consejería de Agricultura y Ganadería, Servicio de Intervención de Mercados, C/Rigoberto Cortejoso 14, 47014 Valladolid, Spain;2. Dpto. Ingeniería y Ciencias Agrarias, Avda. Portugal 41, 24071 León, Spain;1. Democritus University of Thrace, School of Agricultural and Forestry Sciences, Department of Agricultural Development, Pantazidou 193, Orestiada, Greece;2. Democritus University of Thrace, School of Agricultural and Forestry Sciences, Department of Forestry and Management of the Environment and Natural Resources, Pantazidou 193, Orestiada, Greece |
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| Abstract: | In conservation tenders metrics are intended to describe the values that would result from alternate investments; they are the linkage between individual on-ground projects and tender scheme proponents. These metrics have received little attention by economists yet are the critical linchpin that defines the nature of the values that are traded in markets. In this paper we identify twelve lessons that can guide practitioners in metric design. These lessons embrace the principal biophysical changes likely to result from management change at each site and in combination, and reflect the values that society places on the outcomes from these changes. Practical application is explored through four example tenders encompassing five metrics which demonstrate substantial variation from the lessons identified. The practical consequences for cost-efficiency of investment, and for the use of conservation tenders generally, are unclear because of the practical and political difficulties in developing effective conservation tender approaches. |
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| Keywords: | Conservation tenders Metrics Fungibility Benefit indices Prioritization Practical considerations |
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