Protected Area Asset Management

I am leading a project to restate the case for parks and reserves in a way way that is meaningful for citizens, politicians, and markets. Together with my colleagues Ben Caldecott and Richard Lade we have applied concepts of asset management to protected areas. We have designed a framework that presents PAs as a spatial asset class and makes explicit the forms of value different combinations of PA assets generate and for whom and the types of investment needed to generate value in the medium and long term.  I am conducting a test application of the framework in Brazil with Rich under a CNPg Senior Visiting Researcher grant.  Thinking about PAs as a spatial asset class is helping us to think creatively about new generation of PA metrics, decision support tools and financing mechanisms.

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