What is it about?
The articles explores how a market for biodiversity offsets was piloted in the UK. It shows how and why this market was ultimately not successful - a combination of politics and immature science.
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Why is it important?
The paper shows how markets for environmental issues don't always work.
Perspectives
I think this article shows that markets don't just emerge out of nowhere, but are complicated constructions, which can easily fail if the various components are not aligned.
Dr Carlos Ferreira
Coventry University
Read the Original
This page is a summary of: The contested instruments of a new governance regime, Accounting Auditing & Accountability, September 2017, Emerald,
DOI: 10.1108/aaaj-12-2015-2336.
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