The economic valuation of AnGR: Importance, application and practice

The importance of AnGR valuation and its policy applications: Economics is about choice and the efficient allocation of scarce resources that have alternative uses. Rationally speaking, choices should be made in such a way as to maximise the "utility" or "welfare" obtained. The large number of AnGR...

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Main Author: Drucker, Adam G.
Format: Conference Paper
Language:Inglés
Published: Food and Agriculture Organization of the United Nations 2001
Subjects:
Online Access:https://hdl.handle.net/10568/51147
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author Drucker, Adam G.
author_browse Drucker, Adam G.
author_facet Drucker, Adam G.
author_sort Drucker, Adam G.
collection Repository of Agricultural Research Outputs (CGSpace)
description The importance of AnGR valuation and its policy applications: Economics is about choice and the efficient allocation of scarce resources that have alternative uses. Rationally speaking, choices should be made in such a way as to maximise the "utility" or "welfare" obtained. The large number of AnGR at risk, together with the limited financial resources available for conservation, mean that there is a need to decide which breeds should be conserved and how this should be done. Economic valuation can play an important role in ensuring an appropriate focus for conservation efforts. Specifically, establishing economic values for animal genetic resources can contribute to policy and management decisions because they can be used to: i) guide resource allocation between biodiversity conservation and other socially valuable endeavours, as well as between various types of genetic resource conservation, research and Development; and ii) assist in the design of economic incentives and institutional arrangements for farmers/genetic resource managers and breeders. Identifying the value of AnGR can thus be used to support, inter alia: i) resource conservationists and government planners who need to identify such values in order to justify budgets; ii) Farmer's Rights supporters who want measures of the value in order to calculate compensation to farmers in developing countries and iii) the Convention on Biodiversity's (CBD) call for "the fair and equitable distribution of the benefits arising out of the utilisation of genetic resources" (Article i).
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spelling CGSpace511472016-03-21T22:17:50Z The economic valuation of AnGR: Importance, application and practice Drucker, Adam G. genetic resources economic value livestock policies biodiversity animals plants technology The importance of AnGR valuation and its policy applications: Economics is about choice and the efficient allocation of scarce resources that have alternative uses. Rationally speaking, choices should be made in such a way as to maximise the "utility" or "welfare" obtained. The large number of AnGR at risk, together with the limited financial resources available for conservation, mean that there is a need to decide which breeds should be conserved and how this should be done. Economic valuation can play an important role in ensuring an appropriate focus for conservation efforts. Specifically, establishing economic values for animal genetic resources can contribute to policy and management decisions because they can be used to: i) guide resource allocation between biodiversity conservation and other socially valuable endeavours, as well as between various types of genetic resource conservation, research and Development; and ii) assist in the design of economic incentives and institutional arrangements for farmers/genetic resource managers and breeders. Identifying the value of AnGR can thus be used to support, inter alia: i) resource conservationists and government planners who need to identify such values in order to justify budgets; ii) Farmer's Rights supporters who want measures of the value in order to calculate compensation to farmers in developing countries and iii) the Convention on Biodiversity's (CBD) call for "the fair and equitable distribution of the benefits arising out of the utilisation of genetic resources" (Article i). 2001 2014-10-31T06:22:09Z 2014-10-31T06:22:09Z Conference Paper https://hdl.handle.net/10568/51147 en Limited Access Food and Agriculture Organization of the United Nations
spellingShingle genetic resources
economic value
livestock
policies
biodiversity
animals
plants
technology
Drucker, Adam G.
The economic valuation of AnGR: Importance, application and practice
title The economic valuation of AnGR: Importance, application and practice
title_full The economic valuation of AnGR: Importance, application and practice
title_fullStr The economic valuation of AnGR: Importance, application and practice
title_full_unstemmed The economic valuation of AnGR: Importance, application and practice
title_short The economic valuation of AnGR: Importance, application and practice
title_sort economic valuation of angr importance application and practice
topic genetic resources
economic value
livestock
policies
biodiversity
animals
plants
technology
url https://hdl.handle.net/10568/51147
work_keys_str_mv AT druckeradamg theeconomicvaluationofangrimportanceapplicationandpractice
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