Bio-rights in Theory and Practice
Published on:
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Climate and disaster risks
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Coastal resilience
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Coastal wetland conservation
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Community resilience
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Integrated delta management
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Species
Bio-rights is an innovative financing mechanism for reconciling poverty alleviation and environmental conservation. By providing micro-credits for sustainable development, the approach enables local communities to refrain from unsustainable practices and be actively involved in environmental conservation and restoration. Micro-credits are converted into definitive payments upon successful delivery of conservation services at the end of a contracting period.