Protecting biodiversity when money matters: maximizing return on investment.
<h4>Background</h4>Conventional wisdom identifies biodiversity hotspots as priorities for conservation investment because they capture dense concentrations of species. However, density of species does not necessarily imply conservation 'efficiency'. Here we explicitly consider...
Guardado en:
Autores principales: | , , , , , , , , , |
---|---|
Formato: | article |
Lenguaje: | EN |
Publicado: |
Public Library of Science (PLoS)
2008
|
Materias: | |
Acceso en línea: | https://doaj.org/article/05357654bf11426cbb7988322632d92d |
Etiquetas: |
Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
|
id |
oai:doaj.org-article:05357654bf11426cbb7988322632d92d |
---|---|
record_format |
dspace |
spelling |
oai:doaj.org-article:05357654bf11426cbb7988322632d92d2021-11-25T06:13:32ZProtecting biodiversity when money matters: maximizing return on investment.1932-620310.1371/journal.pone.0001515https://doaj.org/article/05357654bf11426cbb7988322632d92d2008-01-01T00:00:00Zhttps://www.ncbi.nlm.nih.gov/pmc/articles/pmid/18231601/pdf/?tool=EBIhttps://doaj.org/toc/1932-6203<h4>Background</h4>Conventional wisdom identifies biodiversity hotspots as priorities for conservation investment because they capture dense concentrations of species. However, density of species does not necessarily imply conservation 'efficiency'. Here we explicitly consider conservation efficiency in terms of species protected per dollar invested.<h4>Methodology/principal findings</h4>We apply a dynamic return on investment approach to a global biome and compare it with three alternate priority setting approaches and a random allocation of funding. After twenty years of acquiring habitat, the return on investment approach protects between 32% and 69% more species compared to the other priority setting approaches. To correct for potential inefficiencies of protecting the same species multiple times we account for the complementarity of species, protecting up to three times more distinct vertebrate species than alternate approaches.<h4>Conclusions/significance</h4>Incorporating costs in a return on investment framework expands priorities to include areas not traditionally highlighted as priorities based on conventional irreplaceability and vulnerability approaches.Emma C UnderwoodM Rebecca ShawKerrie A WilsonPeter KareivaKirk R KlausmeyerMarissa F McBrideMichael BodeScott A MorrisonJonathan M HoekstraHugh P PossinghamPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 3, Iss 1, p e1515 (2008) |
institution |
DOAJ |
collection |
DOAJ |
language |
EN |
topic |
Medicine R Science Q |
spellingShingle |
Medicine R Science Q Emma C Underwood M Rebecca Shaw Kerrie A Wilson Peter Kareiva Kirk R Klausmeyer Marissa F McBride Michael Bode Scott A Morrison Jonathan M Hoekstra Hugh P Possingham Protecting biodiversity when money matters: maximizing return on investment. |
description |
<h4>Background</h4>Conventional wisdom identifies biodiversity hotspots as priorities for conservation investment because they capture dense concentrations of species. However, density of species does not necessarily imply conservation 'efficiency'. Here we explicitly consider conservation efficiency in terms of species protected per dollar invested.<h4>Methodology/principal findings</h4>We apply a dynamic return on investment approach to a global biome and compare it with three alternate priority setting approaches and a random allocation of funding. After twenty years of acquiring habitat, the return on investment approach protects between 32% and 69% more species compared to the other priority setting approaches. To correct for potential inefficiencies of protecting the same species multiple times we account for the complementarity of species, protecting up to three times more distinct vertebrate species than alternate approaches.<h4>Conclusions/significance</h4>Incorporating costs in a return on investment framework expands priorities to include areas not traditionally highlighted as priorities based on conventional irreplaceability and vulnerability approaches. |
format |
article |
author |
Emma C Underwood M Rebecca Shaw Kerrie A Wilson Peter Kareiva Kirk R Klausmeyer Marissa F McBride Michael Bode Scott A Morrison Jonathan M Hoekstra Hugh P Possingham |
author_facet |
Emma C Underwood M Rebecca Shaw Kerrie A Wilson Peter Kareiva Kirk R Klausmeyer Marissa F McBride Michael Bode Scott A Morrison Jonathan M Hoekstra Hugh P Possingham |
author_sort |
Emma C Underwood |
title |
Protecting biodiversity when money matters: maximizing return on investment. |
title_short |
Protecting biodiversity when money matters: maximizing return on investment. |
title_full |
Protecting biodiversity when money matters: maximizing return on investment. |
title_fullStr |
Protecting biodiversity when money matters: maximizing return on investment. |
title_full_unstemmed |
Protecting biodiversity when money matters: maximizing return on investment. |
title_sort |
protecting biodiversity when money matters: maximizing return on investment. |
publisher |
Public Library of Science (PLoS) |
publishDate |
2008 |
url |
https://doaj.org/article/05357654bf11426cbb7988322632d92d |
work_keys_str_mv |
AT emmacunderwood protectingbiodiversitywhenmoneymattersmaximizingreturnoninvestment AT mrebeccashaw protectingbiodiversitywhenmoneymattersmaximizingreturnoninvestment AT kerrieawilson protectingbiodiversitywhenmoneymattersmaximizingreturnoninvestment AT peterkareiva protectingbiodiversitywhenmoneymattersmaximizingreturnoninvestment AT kirkrklausmeyer protectingbiodiversitywhenmoneymattersmaximizingreturnoninvestment AT marissafmcbride protectingbiodiversitywhenmoneymattersmaximizingreturnoninvestment AT michaelbode protectingbiodiversitywhenmoneymattersmaximizingreturnoninvestment AT scottamorrison protectingbiodiversitywhenmoneymattersmaximizingreturnoninvestment AT jonathanmhoekstra protectingbiodiversitywhenmoneymattersmaximizingreturnoninvestment AT hughppossingham protectingbiodiversitywhenmoneymattersmaximizingreturnoninvestment |
_version_ |
1718413963593515008 |