Climate change poses a key challenge for biodiversity conservation. Conservation agencies, in particular, have to decide where to carry out conservation measures in a landscape to enable species to move with climate change. Moreover, they can choose two main governance modes: (1) buy land to...

Existing reserve networks become less suitable as species' ranges shift under climate change and the scarcity and value of habitats change. Reserve sites hence have to be reallocated to reflect these changing values and to remain cost-effective, but restrictions on selling reserve sites limit...