Biodiversity and Global Public Goods

1
Biodiversity and Global Public Goods

• Global public goods, such as biodiversity, are
  not being produced or allocated efficiently in
  the current market system.

2
Biodiversity and Public Goods

• Biodiversity
• Hot Spots
• Importance
• Agriculture
• Sustainability of ecosystems
• Culture
• Ecosystem Service
• Economic system
• Inputs
• Outputs
• Public Goods
• Non-Rival, Non-Excludable
• Public and Private Domain

3
Market Failures

• Fail to Produce Public Goods
• Not Pareto Efficient
• Willingness to Pay
• Uneducated
• Under estimate costs
• Free Rider Effect
• Privatization
• Short Term Solution
• Inadequate Distribution
• Public Exclusion

4
Public goods vs. Global Public Goods

• Global Public Goods
• Benefit more than one group of countries
• Inter-generational
• Crosses socio-economic and political boundaries
• Market Failures on a Global Level

5
Global Institutions

• No Central Government
• Lack of Public Involvement
• Limited Institutions
• Problems with Current Institutions
• Coordination between and among organizations
• Accountability
• Public Involvement

6
Alternatives

• Civic Institutions
• Grassroots movement
• Global Forum
• Delegates
• Internet
• Central Government