Abstract
In this paper we address the issue of market failure arising from the non-existence of (market) prices for biodiversity, and also present and discuss alternative policies to cope with it. Particular attention is given to certification and ecolabeling of policies. First, we critically survey the role of certification and ecolabeling as an information provision instrument. Second, we provide a comprehensive view on basic foundations and crucial issues that underpin the design of a certification and ecolabeling policy. Finally, we present some case studies to draw some lessons from current certification and ecolabeling policy practices.
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Nunes, P., Riyanto, Y. Information as a regulatory instrument to price biodiversity benefits: certification and ecolabeling policy practices. Biodivers Conserv 14, 2009–2027 (2005). https://doi.org/10.1007/s10531-004-2529-3
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DOI: https://doi.org/10.1007/s10531-004-2529-3