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University of Wyoming Extension

 

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	Credit Failure Risk In Market-Based Conservation Programs: What is it and can it be helped?
	Publication #: B-1355 Date Published: 10/03/2024 Publication Author(s): Karsyn Lamb Kristiana Hansen Christopher Bastian Amy Nagler, & Chian Jones Ritten

Description:
Privately owned agricultural lands provide habitat for many wildlife species in the western U.S. Policymakers seeking to protect these lands want to do so as efficiently and cost-effectively as possible. In recent years, conservation banks and conservation exchanges have emerged as two market-based approaches for habitat preservation. In both approaches, landowners generate conservation by enrolling parcels of land with agreements to preserve, manage, or enhance habitat value. Resulting conservation “credits” can then be sold to developers seeking to offset unavoidable impacts from projects that disturb the landscape.

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