New Zealand has an Emissions Trading Scheme (ETS) under which forest growers can earn carbon units for increases in carbon stock. Between March 2020 and March 2022 carbon price increased from $24/NZU to $74/NZU. Carbon price increased to the extent that the Land Expectation Value (LEV) of permanent forestry (without clearfelling) exceeds the LEV of production forestry (with clearfelling) on many sites

Current management contracts under agri-environmental schemes (AES) are often action-based. This means that farmers are reimbursed for the costs incurred when implementing conservation measures but are not paid based on actual improvements in environmental outcomes. In theory, result-based schemes with payments for outcomes can improve the cost and ecological effectiveness of AES. This article analyses

This article introduces a conceptual framework for climate governance. It provides an insight into how a system of governance can cope with the uncertainty and pluralism that are prevalent in climate governance. In our framework, we combine polycentric climate governance, procedural climate justice and directed technical change policy. We show that following norms of procedural justice can enhance

This study examines the predictive impact of weather conditions and electricity demand on hourly spot prices of emissions allowances during the first three phases of the European Union Emissions Trading System (EU ETS) (2005–2019). We propose an original methodology for constructing European-scale electricity demand and weather indices and characterize the relationship between those indices and emissions

Informality accounts for a significant proportion of the forestry labour market and provides a critical livelihood option for millions of people in developing regions. Recent estimates reveal that at least three million people were informally employed in forestry. Nonetheless, informality is highly characterized by decent work deficits, profoundly impacting employment quality and sectoral development

With the global population expected to reach almost 10 billion by 2050, there is growing concern for how increasing demands for high-quality, sustainable diets will be met. Whilst food production and environmental conservation are often viewed as competing land uses, a growing body of literature supports the importance of forests in providing food and nutritional security. This study used data from

This paper considers valence-based framing, i.e. a description of equivalent outcomes in either a positive or negative light, in order to reduce transport-related CO2 emissions. This nudge is easier to implement than more traditional tools, such as taxation, and does not rely on the stringent assumption that individuals are fully rational. The findings from a discrete choice experiment focusing on

The conservation of nature is of paramount importance for preserving biodiversity. However, it can also give rise to conflicts and challenges for communities dependent on natural resources. In this paper, we focus on the issue of Human-Elephant conflict (HEC) in Xishuangbanna National Nature Reserve, China, and investigate the causal linkages between governance systems and HEC. Our research presents

While multilateral agencies have spent hundreds of millions of dollars in the forestry sector to curb deforestation, mitigate climate change, and improve local livelihoods, there is a lack of rigorous empirical analyses demonstrating past investments' effectiveness in improving livelihoods. We investigate such programs' effectiveness in changing livelihoods by estimating the Forest Investment Program

Beginning with the marginalist revolution of the late nineteenth century, neoclassical economic theory developed by borrowing mathematical constructs from physics, but not the physics itself. Several scholars, including early ecological economists, recognized there was a need to incorporate energy and other resources into economic theory. In recent decades there have been attempts to fuse energy into

Voluntary environmental arrangements generally coexist with State-based and private rules, creating a property rights system that legitimizes certain behaviors. In a world of positive transaction costs, legitimacy ensues from imperfect monitoring activities, opening room for opportunism. In this paper, we discuss how the existence of multiple rules in a scenario of high monitoring costs affects the

We draw on institutional and ecological economics to understand the role of social preferences, institutional arrangements, and power dynamics in mobilizing or restraining ecosystem services and values in Norwegian forest governance. Specifically, we i) elicit local people's preferences over forest ecosystem services and values, ii) analyze how perceptions of forest values vary across stakeholders

This study investigates the combined effects of climate and socioeconomic change on fiber supply and forest carbon in Maine, USA, for broad alternative futures. We conduct an econometric analysis to project forest resource use over the next 80 years under a range of shared socioeconomic pathways (SSPs) and representative concentration pathways (RCPs). Results show that continued forest successional

Bioeconomy transition has been recognized as a key solution to tackle emerging environmental and socio-economic challenges. Several scientific publications focus on forest bioeconomy across multiple disciplines at territorial level. However, no studies provide a deep review investigation on forest bioeconomy with specific focus on wood at regional scale in Environmental and Social fields. Stemming

Herbal medicine has experienced a renaissance both for health reasons and as part of a bioeconomy for regions rich in biodiversity and traditional knowledge. Medicinal plant value chains can promote local development and sustainable livelihoods that are critical for forest frontiers in need of inclusive economic alternatives. This sector can become an example of restorative bioeconomy, which not only

The article studies the diversity of models of sustainable bioeconomy by focusing on the productive strategies of the farmers who engage in it. To account for this diversity, we use the framework of analysis of Beckert's socio-economics of capitalism in terms of compromises between four institutionalised economic processes: commodification, competition, innovation, and financing. We complete it by

Urban and peri-urban forests provide a wide range of benefits especially by providing the inhabitants with numerous ecosystem services that contribute to maintaining and improving the quality of life and environment in urban areas. Studies on urban and peri-urban forests have mainly focused on analyzing citizens' perception of benefits provided by urban green spaces. However, less attention has been

We analyse environmental taxation in an international setting, where a multinational company produces a good whose consumption causes a negative externality. We study the joint effects of imperfect competition, corporate tax and profit-shifting activities on the optimal level of environmental taxation. In a two-country framework, we show that in both countries the environmental tax that is set lower

Degrowth lacks a theory of how the state can finance ambitious social-ecological policies and public provisioning systems while maintaining macroeconomic stability during a reduction of economic activity. Addressing this question, we present a synthesis of degrowth scholarship and Modern Monetary Theory (MMT) rooted in their shared understanding of money as a public good and their common opposition

Ecological networks (ENs) aim to accommodate production and conservation within landscapes by shaping the spatial scope of conservation policies based on ecological criteria. The environmental effectiveness of these networks has been extensively studied; however, it has rarely been linked to their economic cost. This paper investigates whether EN-based spatial targeting relaxes the production-conservation

Fishery managers face an ongoing challenge in managing commercial fisheries in a way which enables the delivery of economic benefits while ensuring those benefits do not compromise the ability of fish stock to deliver future benefits. This challenge is complicated by fishing effort negatively impacting the habitats which support fish stocks and so undermining sustainability of the resource. Depletion

The dominant conception of the circular economy presents it as a politically neutral, technology-driven process of efficiency improvements and green market expansion. However, it does not consider the social embedding of circularity and thereby risks undermining the transition out of de facto linear economies. This paper begins with a critique of the dominant conception of the circular economy and

We conduct a systematic literature review comprising both a quantitative and qualitative content analysis of the academic degrowth literature considering the Global South, and delineate substantive and methodological implications for future research. We find two main narratives: one stressing synergies, i.e. commonalities among Global South and Global North perspectives on degrowth, and another highlighting

Car use imposes costly environmental externalities. We investigate to what extent car trips could be shifted to low-emission modes, avoided via teleworking, or improved via a transition to electric vehicles in the context of daily mobility in the Paris area. We derive counterfactual travel times for 45,000 car trips from a representative transport survey, and formulate modal shift scenarios including

Animal welfare is a credence attribute with public good characteristics. Using a discrete choice experiment, consumers’ willingness to pay (WTP) for a concretely planned state animal welfare label is derived and compared by product group (fresh vs. processed meat) and tax scenario (no tax vs. additional animal welfare tax included in price). Consumers have a positive WTP for the state label. However

There seems to be a consensus among many growth and resource economists that perpetual growth can be ensured if it gets increasingly resource-efficient and if growth focuses on creating values, a result derived by models using production functions that allow asymptotically complete decoupling of the economy from its resource base by substituting natural resources through physical and knowledge capital

The existence of a negative variance risk premium on agricultural futures contracts suggests that market participants pay to hedge unexpected increases in the volatility of these contracts. In this paper, we decompose the variance risk premium in corn and soybeans markets into jump and diffusive components using options and futures data from 2009 to 2021. We find that market participants on average

This commentary seeks to right what is now an old wrong – to attribute Manfred Max-Neef's (2005) model of disciplinary interactions in transdisciplinarity to Erich Jantsch (1970). When I first discovered this erroneous situation, it was a startling realisation. It seemed that Manfred Max-Neef had certainly copied and possibly plagiarised Erich Jantsch. We might ask why it is that although both authors

The Latin America and the Caribbean region has benefited significantly from economic growth driven by the extractive sector. At the same time, the region has experienced high levels of conflicts related to this sector. This paper presents an overview of citizens’ perceptions of the extractive industries in Bolivia, Colombia, Ecuador, Peru, and Venezuela. Using a representative sample for each country

Scientific and feasible carbon emission sharing responsibility approach is essential to leading carbon emission reduction from both producer and consumer side. Shortcomings in existing production-based, consumption-based, and certain shared method were reviewed. This study proposed a novel carbon emission responsibility sharing method with benchmark approach, which could fit effectiveness, normalization

Climate transparency through firms' disclosures is often considered a prerequisite for the redirection of investments toward low-carbon economy. In order to provide effective incentives to improve this transparency, it is therefore crucial to identify its drivers. In this paper, we investigate the determinants of two stages of climate transparency: i) the likelihood of responding to the CDP questionnaire;

Most studies suggest that people with lower socio-economic status (SES) are exposed to higher air pollution levels. Research from Europe, on the other hand, have shown mixed results, often indicating non-linear patterns, necessitating a better understanding of the context-specific manifestation of the relationship between SES and air pollution. The results of our generalized additive model show that

Pollution is frequently “rationalized” by involved firms as a necessary bad to reach economic or social goals. Unfortunately, little is known about how external observers form moral judgment when confronted to such a dual output, precisely an economic or social gain (e.g., profits, job preservation) and an environmental harm. Using two experimental surveys, we fill this gap by inviting participants

In the southeastern United States, effective large-scale management of wildfire risk, encompassing both fire occurrence and damage to property or assets, requires the participation of non-industrial private forest landowners (NIPFL) to reduce fuel loads on their land. This research utilizes a survey to assess NIPFL's current management practices, history of wildfire on their property, and willingness

Agri-environmental-climate schemes provide payments for ecosystem services by compensating farmers to implement management actions or obtain ecological results. To compare farmers' preferences for action-based schemes, result-based schemes, or a hybrid, we conduct a discrete choice experiment in a case study from Germany. We elicited farmers' preferences for alternative grassland biodiversity payments

Global capitalism has changed the Earth system to the extent that the current epoch is called the Anthropocene. According to the Intergovernmental Panel on Climate Change (IPCC), land use change has played a crucial role in this profound functional shift in the Earth system. The Convention on Biodiversity (CBD) and its follow-up processes have insisted the same regarding the persisting decline in biodiversity

In the context of global environmental change, European forests are expected to fulfil a broad range of functions, including the supply of raw materials to the bioeconomy, biodiversity preservation, and the provision of ecological services. Given fast progress in applied genetics, the selection and diffusion of genetically improved forest reproductive material (FRM) has a role to play towards the achievement

Cities, as the human habitat of the 21st century, will increasingly face climate change-related risks. Extreme weather events, hot spells, and rising air pollution already have widespread impacts on people, affecting their health and well-being. Urban vegetation is a proposed nature-based solution to address these challenges. However, the equitable distribution of urban vegetation is not always ensured

Forests are considered an important component on the road to climate neutrality. Together with technical and other nature-based solutions, they should help to compensate for unavoidable residual emissions. Forests are seen primarily as a carbon sink, removing CO2 from the atmosphere through biomass growth. The desire to increase the sink capacity of forests to achieve climate neutrality suggests the

Precision Agriculture (PA) technologies are well known to be useful in addressing field heterogeneities and enabling informed site-specific management decisions. While profitability is the foremost factor considered by farmers when making PA adoption decisions, information in this regard is lacking from the farmers' perspective. This paper analyzed 1119 farmer responses from a 2021 survey conducted

To promote legal imports of timber and timber products, some countries, such as the United States, Australia, the Republic of Korea, and members of the European Union (EU), have adopted timber trade regulations. The implementation of these regulations is the result of the increase in illegal logging and its negative impact on the environment, biodiversity, and climate change. These regulations play

Based on a survey of the French population, this study investigates consumer preferences for forest ecosystem services (FES) provision towards efficiency and equity in the context of additionality, and differences in willingness to pay (WTP) for FES between a tax-based and a donation-based payments for ecosystem services (PES) scheme. We show that consumers prefer equity to strict additionality adherence

Public policies increasingly support the expansion of organic agriculture as part of a menu of food and environmental initiatives. A little-studied yet crucial element of such expansion, especially in light of scientific evidence on lower yields of organic crops, is its impact on overall food production and food prices, especially for poorer households. In this paper, we first establish a positive

Powerful long-term drivers are increasing both the demand and supply of quantified environmental impact information in food systems. The trend is fast (with many initiatives underway) and furious (presenting a confusing landscape) but has so far received little attention from economists. Better information can inform public and private efforts to reduce environmental pressures. However, the use of

The concept of bioeconomy has spread globally as a floating signifier leading to multiple policies and strategies. As an ambiguous concept, bioeconomy policy agendas at national levels draw on a variety of discourses and visions later reshaped by the particular political and social contexts of each country or region. From the broad boundaries of the overarching bioeconomy meta-discourse, local dominant

To counter not only the continuous loss but also the fragmentation of species habitats, coordination incentives (CI) have been proposed to incentivise the spatial aggregation of conservation efforts. An important issue is the cost-effective design of these instruments. Two main types of CI, the agglomeration bonus and the agglomeration payment, are analysed with stylised models. Their ecological effects

Climate change poses a major challenge for forest management in Europe. Understanding how forestry professionals perceive climate change is critical to inform decision-making on climate change adaptation. The aim of this study was to explore the perceptions of forestry professionals regarding climate change and its effects on forests, as well as the importance of different forest management strategies

In the US South, private forest landowners own the majority of timberland; therefore, understanding the timber supply behavior of these landowners is a fundamental forest economic question. This study estimates the pine stumpage supply equations and elasticities of private landowners in TimberMart-South (TMS) regions. It uses individual landowner pine stumpage (sawtimber, pulpwood, and Chip-N-Saw [CNS])

The European market of woody charcoal is characterized by low transparency about the origin of the raw material, with negative consequences on forest management and legality. Thus, certifications that guarantee the sustainable management of forests or the chain of custody are fundamental tools for reaching sustainability. However, certification schemes covered a minor share of the market. This work

This review evaluates three micro and three macro estimation approaches to determine whether unrealistic differences exist in estimating the size of nonobserved/shadow economies. While some macro-MIMIC estimates are higher than estimates using the statistical discrepancy approach, when adjusting for double-counting, MIMIC approaches provide similar results. Macro approaches usually cover not only typical

The income stabilisation tool (IST) is the latest tool proposed by the European Union (EU) to manage agricultural risks. It aims at stabilising farm income by compensating income losses. Using a discrete choice experiment, this paper investigates grapevine farmers’ acceptance of the IST in Croatia and tests whether behavioural factors such as risk preferences, probability weighting and subjective probabilities

In the debate between proponents of green growth and degrowth, the core issue is whether decoupling carbon emissions and resource use from GDP growth is possible, and if so, possible at a rate fast enough to achieve policy goals such as global warming of maximum 1.5 °C or 2 °C. In this paper, the claims by degrowth scholars on the limits of decoupling growth and carbon emissions are critically examined

Sustainable forest resource management through state-community collaboration has taken center stage over the past decades in resource management discourses. In Ghana, forest reserves are observed to be on the decline due to poaching and encroachment by fringe communities. This study aims to contribute to the literature gap by examining the dynamics of community-state collaboration in forest resource

Climate change adaptation in low- and middle-income countries has magnified the urgency of transforming forest governance. Despite the increased international pressure, progress is hampered by inefficiencies in forest-related state institutions that struggle with coordination, mediating political interests, and strategic policy formulation. Focusing on Indonesia's Reducing Emissions from Deforestation

In this paper, we examine implicit values, norms and orientations that guide international forest policy research (FPR). We link Bourdieu's praxeological theory and valuography to empirically grasp disciplinary habitus manifesting in valuation practice at International Forest Policy Meetings. Conferences provide spaces where scholars negotiate ‘what counts’. In presenting and discussing research, they

To achieve the United Nations Sustainable Development Goals (UN SDGs), urgent action is needed across all scales, with an increased importance being placed on local initiatives. In this context, the notion of localizing the SDGs is highlighted as essential. Simultaneously, the smart city concept is promoted to address local sustainability challenges, and smart city strategies are used to support urban

The radical school identifies development as a core strategy for enduring disaster risk reduction. Simultaneously, development policies pursued by neoextractivism States often result in social and territorial dynamics that recompose risk situations without necessarily reducing them. They sometimes even intensify them. The city of Esmeraldas perfectly illustrates the detrimental effects when it comes

Circular consumption and disposal practices by consumers are increasingly viewed as more than just a current necessity. Nonetheless, the impacts of the marketing mix perception on perceived value, purchase intention, and circular purchase behavior and the impact of perceived risk on purchase intention and circular purchase behavior remain underexplored separately for circular and non-circular consumers