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P063


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Market-Based Instruments for Conservation and Indigenous Peoples 
Convenor:
Pamela McElwee (Rutgers University)
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Format:
Panel
Sessions:
Friday 29 October, -
Time zone: Europe/London

Short Abstract:

Market-based instruments for conservation, like payments for ecosystem services, biodiversity offsets, and tradable permits, will be discussed in relation to resources managed by Indigenous Peoples, and the challenges regarding valuation of nature and equitable distribution of benefits.

Long Abstract:

In recent years, market-based instruments (MBIs) have become a major tool of conservation. These MBIs range widely in focus and scope, but share in common a goal of using economic incentives, either for promoting positive environmental services like habitat preservation or for discouraging negative environmental costs like carbon emissions, in the hopes that the market provides a more efficient, less expensive policy outcome than traditional regulation. MBIs for conservation policy have included subsidies to farmers for refraining from use of sensitive lands, tradable permits and quotas for harvestable commodities such as fish, and payments for ecosystem services (PES) and biodiversity offsets. MBIs that include compensation and/or incentives assume that in one way or another, a monetary value can be established for nature's value, and that this valuation can be used to leverage positive conservation behavior. Yet how MBIs have intersected with lands and resources managed or claimed by Indigenous Peoples (IPs) are not yet well understood. Many IPs have objected to monetary valuation of natural resources as a violation of cultural and ontological beliefs relating nature-human relations, while scholars have raised questions about the distributional and equity impacts of MBIs. Submitted papers are encouraged to address one or more MBIs in any part of the world that have been implemented on Indigenous lands or with IPs input and design, or which have have impacted IPs in some way, as well as papers that focus on alternatives to MBIs that have been proposed by IPs.

Accepted papers:

Session 1 Friday 29 October, 2021, -
Panel Video visible to paid-up delegates