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VOL. 8, ISSUE 1 (2026)
Economic factors influencing conservation of biodiversity in rural regions
Authors
Supriyo Acharya, Dr. Gargi Basu
Abstract
This paper discusses economic factors affecting biodiversity conservation
in rural areas, focusing on market incentives, livelihoods, and institutional
settings. Biodiversity supports ecosystem services vital for rural livelihoods,
yet traditional economic systems undervalue these services, leading to land
conversion and habitat destruction. Based on policy reports and research, the
studies examine economic instruments like Payments for Ecosystem Services,
biodiversity subsidies, and market mechanisms to assess their success in
aligning incentives with conservation. The research analyses secondary
literature on policy frameworks and finds that economic incentives can
compensate rural landholders' costs and encourage biodiversity-positive
actions. However, findings show incentives require institutional capacity, fair
benefit distribution, and integration with rural development plans. Results
highlight the importance of livelihood diversification in reducing pressure on
natural resources. The research provides policy suggestions for
economic-conservation planning, incentive design, and governance for
sustainable biodiversity. The study explains the rural economy-biodiversity
protection relationship.
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Pages:59-68
How to cite this article:
Supriyo Acharya, Dr. Gargi Basu "Economic factors influencing conservation of biodiversity in rural regions". International Journal of Social Research and Development, Vol 8, Issue 1, 2026, Pages 59-68
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