The effectiveness of national biodiversity investments to protect the wealth of nature
1.
Huwyler, F., Kappeli, J., Serafimova, K., Swanson, E. & Tobin, J. Conservation Finance: Moving Beyond Donor Funding Toward an Investor-driven Approach (WWF, Credit Suisse and McKinsey & Company, 2014); http://go.nature.com/2Ka5Y2u
2.
Deutz, A. et al. Financing Nature: Closing the Global Biodiversity Financing Gap: Full Report (Paulson Institute, Nature Conservancy and Cornell Atkinson Center for Sustainability, 2020).
3.
Halpern, B. et al. Gaps and mismatches between global conservation priorities and spending. Conserv. Biol. 20, 56–64 (2006).
Article Google Scholar
4.
James, A., Gaston, K. J. & BalmfordA. Can we afford to conserve biodiversity? BioScience 51, 43–52 (2001).
Article Google Scholar
5.
McCarthy, D. et al. Financial costs of meeting global biodiversity conservation targets: current spending and unmet needs. Science 338, 946–949 (2012).
CAS Article Google Scholar
6.
Nature’s Dangerous Decline ‘Unprecedented’; Species Extinction Rates ‘Accelerating’ (IPBES, 2019); http://go.nature.com/2V4ZBN9
7.
The Global Risks Report 2020 (WEF, 2020); https://go.nature.com/3ahNfg8
8.
IUCN Views on the Preparation, Scope and Content of the Post-2020 Global Biodiversity Framework (IUCN, 2018); https://go.nature.com/2WlW3ti
9.
Biodiversity: Finance and the Economic and Business Case for Action (OECD, 2019); https://go.nature.com/3h0F9Kc
10.
Parker, C. & Cranford, M. The Little Biodiversity Finance Book. A Guide to Proactive Investment in Natural Capital (Global Canopy Program, 2010); https://go.nature.com/3mwyxUJ
11.
Coad, L. et al. Widespread shortfalls in protected area resourcing undermine efforts to conserve biodiversity. Front. Ecol. Environ. 17, 259–264 (2019).
Article Google Scholar
12.
Kearney, S. G. et al. Estimating the benefit of well-managed protected areas for threatened species conservation. ORYX 54, 276–284 (2020).
Article Google Scholar
13.
Waldron, A. et al. Protecting 30% of the Planet for Nature: Costs, Benefits and Economic Implications (IIASA, 2020); https://go.nature.com/387GkDq
14.
Stepping, K. M. K. & Meijer, K. S. The challenges of assessing the effectiveness of biodiversity-related development aid. Trop. Conserv. Sci. https://doi.org/10.1177/1940082918770995 (2018).
15.
Waldron, A. et al. Targeting global conservation funding to limit immediate biodiversity declines. Proc. Natl Acad. Sci. USA 110, 12144–12148 (2018).
Article Google Scholar
16.
Gallo-Cajiao, E. et al. Crowdfunding biodiversity conservation. Conserv. Biol. 32, 1426–1435 (2018).
Article Google Scholar
17.
Parker, C., Cranford, M., Oakes, N. & Leggett, M. The Little Biodiversity Finance Book 3rd edn (Global Canopy Programme, 2012).
18.
Arlaud, M. et al. in Towards a Sustainable Bioeconomy: Principles, Challenges and Perspectives (eds Filho, W. L. et al.) Ch. 5 (Springer, 2018); https://doi.org/10.1007/978-3-319-73028-8_5
19.
Rawat, U. S. & Agarwal, N. K. Biodiversity: concept, threats and conservation. Environ. Conserv. J. 16, 19–28 (2015).
Article Google Scholar
20.
Gorobets, A. Wild fauna conservation: IUCN-CITES match is required. Ecol. Indic. 112, 106091 (2020).
Article Google Scholar
21.
Rodrigues, A. S. L. et al. The value of the IUCN Red List for conservation. Trends Ecol. Evol. 21, 71–76 (2006).
Article Google Scholar
22.
Rao, M., Naro-Maciel, E. & Sterling, E. Protected Areas and Biodiversity Conservation II: Management and Effectiveness (Network of Conservation Educators and Practitioners, 2009).
23.
Adams, V. M., Iacona, G. D. & Possingham, H. P. Weighing the benefits of expanding protected areas versus managing existing ones. Nat. Sustain. 2, 404–411 (2019).
Article Google Scholar
24.
BIOFIN The Biodiversity Finance Initiative Workbook 2018 (United Nations Development Programme, 2018).
25.
Costanza, R. et al. The value of the world’s ecosystem services and natural capital. Nature 387, 253–260 (1997).
CAS Article Google Scholar
26.
Costanza, R. et al. Changes in the global value of ecosystem services. Glob. Environ. Change 26, 152–158 (2014).
Article Google Scholar
27.
Naidoo, R. et al. Global mapping of ecosystem services and conservation priorities. Proc. Natl Acad. Sci. USA 105, 9495–9500 (2008).
CAS Article Google Scholar
28.
Turner, W. et al. Global conservation of biodiversity and ecosystem services. BioScience 57, 868–873 (2007).
Article Google Scholar
29.
Balmford, A. et al. Economic reasons for conserving wild nature. Science 297, 950–953 (2002).
CAS Article Google Scholar
30.
Hily, E. et al. Assessing the cost-effectiveness of a biodiversity conservation policy: a bio-econometric analysis of Natura 2000 contracts in forests. Ecol. Econ. 119, 197-208 (2015).
31.
Ferraro, P. J., McIntosh, C. & Ospina, M. The effectiveness of the US endangered special act: an econometric analysis using matching methods. J. Environ. Econ. Manag. 54, 245–261 (2007).
Article Google Scholar
32.
Waldron, A. et al. Targeting global conservation funding to limit immediate biodiversity declines. Proc. Natl Acad. Sci. USA 110, 12144–12148 (2013).
CAS Article Google Scholar
33.
Waldron, A. et al. Reductions in global biodiversity loss predicted from conservation spending. Nature 551, 364–367 (2017).
CAS Article Google Scholar
34.
Richerzhagen, C. et al. Why We Need More and Better Biodiversity Aid Briefing Paper 13 (German Development Institute, 2016); https://go.nature.com/2K0S9Dz
35.
Myers, N., Mittermeier, R. A., Mittermeier, C. G., Da Fonseca, G. A. & Kent, J. Biodiversity hotspots for conservation priorities. Nature 403, 853–858 (2000).
36.
Karousakis, K. Evaluating the Effectiveness of Policy Instruments for Biodiversity: Impact Evaluation, Cost-effectiveness Analysis and Other Approaches Environment Working Paper No.141 (OECD, 2018).
37.
Isaza, C., Bofill, W. & Cabrera, H. Cost-effective species conservation: an application to Huemul (Hippocamelus bisulcus) in Chile. Environ. Dev. Econ. 12, 535–551 (2007).
Article Google Scholar
38.
Alix-Garcia, J. M., Shapiro, E. N. & Sims, K. R. Forest conservation and slippage: evidence from Mexico’s national payments for ecosystem services program. Land Econ. 88, 613–638 (2012).
Article Google Scholar
39.
Bare, M. Assessing the impact of international conservation aid on deforestation in sub-Saharan Africa. Environ. Res. Lett. 10, 125010 (2015).
Article Google Scholar
40.
Ferraro, P. J. et al. More strictly protected areas are not necessarily more protective: evidence from Bolivia, Costa Rica, Indonesia, and Thailand. Environ. Res. Lett. 8, 025011 (2013).
Article Google Scholar
41.
Lindsey, P. A. et al. More than $1 billion needed annually to secure Africa’s protected areas with lions. Proc. Natl Acad. Sci. USA 115, E10788–E10796 (2018).
CAS Article Google Scholar
42.
Bonham, C. et al. Conservation trust funds, protected area management effectiveness and conservation outcomes: lessons from the global conservation fund. Parks 20, 89–100 (2014).
Article Google Scholar
43.
Hein, Lars et al. Progress in natural capital accounting for ecosystems. Science 367, 514–515 (2020).
CAS Article Google Scholar
44.
Natural Capital Accounting and Valuing Ecosystem Services Project (UN, 2019); http://go.nature.com/2K2jsxn
45.
Ecosystem Valuation and Natural Capital Accounting (Gaborone Declaration for Sustainability in Africa, 2012); http://www.gaboronedeclaration.com/nca
46.
Climate Public Expenditure and Institutional Review (CPEIR) (UNDP, 2015); https://go.nature.com/2K0C7tp
47.
BIOFIN Workbook: Mobilising Resources for Biodiversity and Sustainable Development (UND, 2016); https://go.nature.com/3p1PDMb
48.
Shieh, G. Effect size, statistical power, and sample size for assessing interactions between categorical and continuous variables. Br. J. Math. Stat. Psychol. 72, 136–154 (2019).
Article Google Scholar
49.
Leon, A. C. & Heo, M. Sample sizes required to detect interactions between two binary fixed-effects in a mixed-effects linear regression model. Comput. Stat. Data Anal. 53, 603–608 (2009).
Article Google Scholar
50.
Marques, A. et al. Increasing impacts of land use on biodiversity and carbon sequestration driven by population and economic growth. Nat. Ecol. Evol. 3, 628–637 (2019).
Article Google Scholar
51.
Tilman, D. et al. Future threats to biodiversity and pathways to their prevention. Nature 546, 73–81 (2017).
CAS Article Google Scholar
52.
Luther, D. A. et al. Determinants of bird conservation—action implementation and associated population trends of threatened species. Conserv. Biol. 30, 1338–1346 (2016).
Article Google Scholar
53.
Hoffmann, M. et al. The impact of conservation on the status of the world’s vertebrates. Science 330, 1503–1509 (2010).
CAS Article Google Scholar
54.
Brooks, T. M. et al. Analysing biodiversity and conservation knowledge products to support regional environmental assessments. Sci. Data 3, I60007 (2016).
Article Google Scholar
55.
Keith, D. A. et al. Scientific foundations for an IUCN Red List of ecosystems. PLoS ONE 8, e62111 (2013).
CAS Article Google Scholar
56.
Kaufmann, D., Kraay, A. & Mastruzzi, M. The worldwide governance indicators: methodology and analytical issues. Hague J. Rule Law 3, 220–246 (2011).
Article Google Scholar
57.
Akaike, H. Information Theory and an Extension of the Maximum Likelihood Principle (Academiai Kiado, 1973).
58.
Bozdogan, H. Model selection and Akaike’s Information Criterion (AIC): the general theory and its analytical extensions. Psychometrika 52, 345–370 (1987).
Article Google Scholar
59.
Angrist, J. D. & Pischke, J.-S. Mostly Harmless Econometrics: An Empiricist’s Companion (Princeton Univ. Press, 2009); http://go.nature.com/3r5t6zA
60.
Wooldridge, J. M. Econometric Analysis of Cross Section and Panel Data 2nd edn (MIT Press, 2010). More