We develop a unified cost-benefit framework that allows for a better understanding of nature conservation and climate policies under risk and uncertainty. We derive modified Hotelling rules from a social planner’s welfare optimization. They reveal four forces that jointly determine market...

International forums hosted by Brazil, such as the G20 Meeting in November 2024 and the COP30 of the UN Framework Convention on Climate Change (UNFCCC) in November 2025, indicate the country's need for a rapid transition to a more sustainable economy in several dimensions. In this paper, we...

Purpose: This research conducts an analysis of biodiversity reporting among a sample of companies listed on the stock exchanges of South Africa (SA) and the United Kingdom (UK). The aim is to present empirical evidence on how organisations address and report on biodiversity-related matters to...

The field of economics ought to be based on the fact that planet Earth is a rare Earth that is fundamentally an Ocean and Plant World. The rapid and continuing bulldozing of biodiversity across ocean and land that has been a feature of human society's economic development over the past two...

We study how and why local biodiversity affects residential property values. Leveraging remotely sensed greenness indicators and a novel dataset of granular property listings, we examine how changes in vegetation load on real estate prices. Hikes in greenness are associated with higher listing...

Voluntary sustainability standards (VSS) provide consumers with the assurance that certified products are produced under more sustainable conditions. While the literature on VSS has expanded considerably, most studies rely on cross-sectional data, thereby providing only a snapshot in time and...

The ever-deepening planetary crisis stipulates the urgency of bringing the Rio Conventions - the United Nations Framework Convention on Climate Change (UNFCCC), the Convention on Biological Diversity (CBD) and the United Nations Convention to Combat Desertification (UNCCD) - closer together to...

The global increase in greenhouse gases is also changing the climate conditions more severely in Germany. This particularly affects local cultivated landscapes, which cover large parts of Germany and are already experiencing a wide range of ecological problems. Although agricultural land use...

With months of drought, hot summers and flooding, global warming has also become increasingly apparent in Germany over recent years. The Climate Protection Act, which was amended in 2021, therefore aims to achieve climate neutrality by 2045. At the same time, a favourable conservation status for...

This study examines the integration of climate change and biodiversity into business strategies and governance structures of listed firms on the Swedish stock exchange NasdaqOMX Large Cap. The results show clear disparities in the level of integration and the factors driving the integration...

While African countries have a particularly rich biodiversity, this has been deteriorating markedly for several decades, and seems to be accelerating in recent years. This degradation of biodiversity has consequences both at local level-African populations, mostly rural, are heavily dependent on...

Small and Medium-sized Enterprises (SMEs) are the backbone of the European economy. However, the impact of nature-related risks on SME creditworthiness is still largely unexplored. To address this gap, we incorporate indicators of nature-related risks - namely the Biodiversity Intactness Index,...

Rund 50 % der Fläche Deutschlands werden landwirtschaftlich genutzt. Damit kommt der Landwirtschaft eine besondere Bedeutung für den Erhalt und die Förderung der biologischen Vielfalt zu. Allerdings liegen auf nationaler Ebene aktuell keine hinreichenden Daten vor, um den Zustand, die Trends...

Die Intensivierung und Spezialisierung der Nahrungsmittelproduktion haben die Landwirtschaft fundamental umgestaltet und die Biodiversitätskrise angetrieben. Bisher einheitlich formulierte agrarumweltpolitische Ziele und Maßnahmen konnten diesen Verlust nicht aufhalten. Jedoch können regional...

This study introduces the basket-based choice experiment (BBCE) as suggested by Caputo and Lusk (2022) into the field of environmental economics and management. The application is a survey to assess garden owners’ preferences for installing design elements conducive to biodiversity...

Rund 50 % der Fläche Deutschlands werden landwirtschaftlich genutzt. Damit kommt der Landwirtschaft eine besondere Bedeutung für den Erhalt und die Förderung der biologischen Vielfalt zu. Allerdings liegen auf nationaler Ebene aktuell keine hinreichenden Daten vor, um den Zustand, die Trends...

Die Intensivierung und Spezialisierung der Nahrungsmittelproduktion haben die Landwirtschaft fundamental umgestaltet und die Biodiversitätskrise angetrieben. Bisher einheitlich formulierte agrarumweltpolitische Ziele und Maßnahmen konnten diesen Verlust nicht aufhalten. Jedoch können regional...

We develop a unified cost-benefit framework that allows for a better understanding of nature conservation and climate policies under risk and uncertainty. We derive modified Hotelling rules from a social planner’s welfare optimization. They reveal four forces that jointly determine market...

In 2010, at the World Intellectual Property Organization (WIPO), an Intergovernmental Committee started its negotiations that notably aim at protecting traditional knowledge from fraudulent patents. On that same year, French company Chanel Parfums Beauté committed itself to combatting this...