Economic Instruments for Biodiversity and Ecosystem Service Conservation & the EU State Aid Regulation†
In: Journal for European Environmental & Planning LawSearch for other papers by Elina Raitanen in
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Many environmental services are not traded in markets but are rather public goods and their supply cannot easily be motivated by the market forces. This leads to underinvestment in the public goods relative to what would be socially desirable. Financial instruments are designed to modify behaviour by encouraging private individuals, organisations and businesses to participate actively in conservation. Nation states are ultimately responsible for providing public goods but the competition rules of the European Union restrict the use of economic instruments that constitute ‘state aid’ as defined in the Treaty on the Functioning of the European Union (TFEU). This article will analyse the regulatory frames under which economic incentives may constitute state aid in the meaning of 107 TFEU and the terms and conditions on which these aids may still be granted for land-owners.
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| All Time | Past Year | Past 30 Days | |
|---|---|---|---|
| Abstract Views | 2339 | 493 | 37 |
| Full Text Views | 123 | 17 | 1 |
| PDF Views & Downloads | 81 | 23 | 3 |
Economic Instruments for Biodiversity and Ecosystem Service Conservation & the EU State Aid Regulation†
In: Journal for European Environmental & Planning LawSearch for other papers by Elina Raitanen in
Current site
Google Scholar
PubMed
Search for other papers by Jukka Similä in
Current site
Google Scholar
PubMed
Search for other papers by Kristian Siikavirta in
Current site
Google Scholar
PubMed
Search for other papers by Eeva Primmer in
Current site
Google Scholar
PubMed
Many environmental services are not traded in markets but are rather public goods and their supply cannot easily be motivated by the market forces. This leads to underinvestment in the public goods relative to what would be socially desirable. Financial instruments are designed to modify behaviour by encouraging private individuals, organisations and businesses to participate actively in conservation. Nation states are ultimately responsible for providing public goods but the competition rules of the European Union restrict the use of economic instruments that constitute ‘state aid’ as defined in the Treaty on the Functioning of the European Union (TFEU). This article will analyse the regulatory frames under which economic incentives may constitute state aid in the meaning of 107 TFEU and the terms and conditions on which these aids may still be granted for land-owners.
| All Time | Past Year | Past 30 Days | |
|---|---|---|---|
| Abstract Views | 2339 | 493 | 37 |
| Full Text Views | 123 | 17 | 1 |
| PDF Views & Downloads | 81 | 23 | 3 |