
Incentive measures have long been used by governments to manipulate the ways in which macro and sectoral economies work. It is however only relatively recently that they have started to be applied to biodiversity conservation. An incentive for biodiversity conservation can be defined asi: specific inducement designed and implemented to influence government
bodies, business, non-governmental organisations, or local people to conserve biological diversity or to use its components in a sustainable manner. Incentive measures usually take the form of a new policy, law or economic or social programme.
The basic aim of setting in place economic incentives for biodiversity conservation is to

The Energy & Biodiversity Initiative
Oil and gas exploration and production in ecosystems of high biodiversity value pose both risks and opportunities for energy companies. In terms of risks, operations can have negative primary and secondary impacts on ecosystems and the quality of air, water and soil. Avoiding, minimizing and mitigating these impacts should be the priority of project managers and companies.
Further information on ESIAs can be found in Integrating Biodiversity into Environmental and Social Impact Assessment Processes.
Further information on primary and secondary impacts and responses can be found in Good Practice in the Prevention and Mitigation of Primary and Secondary

Financing the conservation and sustainable use of biodiversity has been called one of the greatest challenges. At the heart of this challenge lies the low financial and political value which is often assigned to biodiversity and the resulting lack of financial mechanisms for conservation and sustainable use. The biological diversity of Latin America and the Caribbean is among the world richest. This provides the region with a unique coms parative advantage, including potential business opportunities based on the sustainable use of biodiversity. This report provides an overview of existing and experimental financing mechanisms that can be used to encourage the
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