A conservation market could incentivize global ocean protection
(Santa Barbara, Calif.) — The countries of the world agreed: Our planet needs more protection from human activity. And with the globe facing an assortment of environmental crises, they realized the plan needed to be ambitious. Thirty-by-thirty was their proposal: protect 30% of the planet by 2030. But while conservation is popular in principle, the costs of actually enacting it often stall even the most earnest efforts. Three researchers at UC Santa Barbara have proposed a market-based approach to achieving the 30x30 targets in the ocean. They tested whether a system that allowed countries to trade conservation ...
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