The opportunity cost of conservation (IMAGE)
Caption
Their team modeled the opportunity cost of conservation (OCC) to agriculture as an approximation of the expected cost of compensating a landowner for avoiding conversion of property. To avoid this additional biodiversity loss, Gerber’s groups estimated that Colombia would have to invest $37-39 million USD annually in the best and worst-case scenarios of deforestation.
Credit
Camila Guerrero-Pineda
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Original content