
Contents
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9.1 Introduction 9.1 Introduction
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9.2 The nature of environmental externalities 9.2 The nature of environmental externalities
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9.3 Unidirectional externalities 9.3 Unidirectional externalities
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9.4 Positional externalities 9.4 Positional externalities
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9.5 Public externalities 9.5 Public externalities
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9.6 Aligning private and social value 9.6 Aligning private and social value
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9.7 Summary and conclusions 9.7 Summary and conclusions
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References References
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Cite
Abstract
Many of the environmental changes that threaten biodiversity are negative externalities of agriculture, forestry, industrial production, infrastructural development, and urban growth. Examples include climate change, habitat loss and fragmentation, and the spread of pests and pathogens. Chapter 9 considers the nature of environmental externalities: whether they are public or private, whether unidirectional or reciprocal, and how they relate to wider environmental and socioeconomic conditions. It also considers the instruments available to internalize externalities at different scales, either by confronting those whose actions harm others with the full cost of the actions, or by compensating those whose actions confer benefits on others. Instruments discussed include the assignment of property rights, regulations and legal controls, and economic instruments such as pollution charges or payments for ecosystem services.
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