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Facilitating markets and mitigation: A systematic review of early-action incentives in the U.S.

Publication ,  Journal Article
Galik, CS; Olander, LP
Published in: Land Use Policy
March 1, 2018

Early action refers to activities undertaken prior to a regulatory program or generation of services prior to mitigation of impacts elsewhere. In U.S. environmental markets, early action could reduce lags in environmental performance, improve outcomes, and encourage innovation in mitigation approaches. Multiple tools have emerged for encouraging early action in environmental markets. Several tools have also been deployed in markets, providing valuable insight into their function. This paper presents a systematic review of early action tools and describes their use in wetland and stream mitigation, species and habitat banking, greenhouse gas mitigation, and water quality trading. It finds that incentives necessary to motivate sellers differ from those motivating buyers. The tool or approach best suited to encourage early action also varies as conditions change. Anecdotal evidence suggests the potential for benefits to accrue from early action, but additional data are needed to inform the use of specific tools.

Duke Scholars

Published In

Land Use Policy

DOI

ISSN

0264-8377

Publication Date

March 1, 2018

Volume

72

Start / End Page

1 / 11

Related Subject Headings

  • Urban & Regional Planning
 

Citation

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Galik, C. S., & Olander, L. P. (2018). Facilitating markets and mitigation: A systematic review of early-action incentives in the U.S. Land Use Policy, 72, 1–11. https://doi.org/10.1016/j.landusepol.2017.12.032
Galik, C. S., and L. P. Olander. “Facilitating markets and mitigation: A systematic review of early-action incentives in the U.S.Land Use Policy 72 (March 1, 2018): 1–11. https://doi.org/10.1016/j.landusepol.2017.12.032.
Galik, C. S., and L. P. Olander. “Facilitating markets and mitigation: A systematic review of early-action incentives in the U.S.Land Use Policy, vol. 72, Mar. 2018, pp. 1–11. Scopus, doi:10.1016/j.landusepol.2017.12.032.
Journal cover image

Published In

Land Use Policy

DOI

ISSN

0264-8377

Publication Date

March 1, 2018

Volume

72

Start / End Page

1 / 11

Related Subject Headings

  • Urban & Regional Planning