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Cost Effective Conservation Programs: What are the Challenges?

Cost Effective Conservation Programs: What are the Challenges?

Category: 
Webinar
Date: 
Tuesday, August 22, 2017 - 2:00pm
 
Participate in this webinar to learn about USDA Economic Research Service findings related to factors or policy design choices that can influence the cost effectiveness of conservation programs.

Cost-effective conservation programs support the adoption of conservation practices that yield the most resource benefits at least cost. Designing cost-effective programs that rely on voluntary participation, however, can be challenging. Agricultural land, climate, and production practices vary widely leading to large differences in environmental impact and conservation needs, and conservation decisions are influenced by a more complex array of attitudes and factors than simply costs and returns. The Economic Research Service has provided much recent work on factors or policy design choices that can influence the cost effectiveness of conservation programs. These include targeting, additionality, auctions and bidding, pay-for-performance, compliance, and behavioral economics. The important findings will be presented.