Providing residents in key conservation areas with a conservation basic income (CBI) — an unconditional cash transfer — is a “potentially powerful mechanism” for facilitating the necessary shift in conservation, suggests a new study that estimates the potential costs of implementing the CBI scheme on a global level.
Published last month in Nature Sustainability, the study explains how the CBI can help foster sustainable development, mitigate climate change, protect biodiversity and preserve ecosystems. It estimates the potential costs of the scheme at billions or even trillions of dollars per year, but argues that the long-term benefits outweigh the costs, with […]
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