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Investing in Threatened Species Conservation: Does Corruption Outweigh Purchasing Power?

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  • Stephen T Garnett
  • Liana N Joseph
  • James E M Watson
  • Kerstin K Zander

Abstract

In many sectors, freedom in capital flow has allowed optimization of investment returns through choosing sites that provide the best value for money. These returns, however, can be compromised in countries where corruption is prevalent. We assessed where the best value for money might be obtained for investment in threatened species that occur at a single site, when taking into account corruption. We found that the influence of corruption on potential investment decisions was outweighed by the likely value for money in terms of pricing parity. Nevertheless global conservation is likely to get best returns in terms of threatened species security by investing in “honest” countries than in corrupt ones, particularly those with a high cost of living.

Suggested Citation

  • Stephen T Garnett & Liana N Joseph & James E M Watson & Kerstin K Zander, 2011. "Investing in Threatened Species Conservation: Does Corruption Outweigh Purchasing Power?," PLOS ONE, Public Library of Science, vol. 6(7), pages 1-6, July.
    • Handle: RePEc:plo:pone00:0022749
    DOI: 10.1371/journal.pone.0022749
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    Cited by:

    1. Craig Leisher, 2014. "A Comparison of Tablet-Based and Paper-Based Survey Data Collection in Conservation Projects," Social Sciences, MDPI, vol. 3(2), pages 1-8, May.
    2. Craig Packer & Stephen Polasky, 2018. "Reconciling corruption with conservation triage: Should investments shift from the last best places?," PLOS Biology, Public Library of Science, vol. 16(8), pages 1-6, August.
    3. Erin McCreless & Piero Visconti & Josie Carwardine & Chris Wilcox & Robert J Smith, 2013. "Cheap and Nasty? The Potential Perils of Using Management Costs to Identify Global Conservation Priorities," PLOS ONE, Public Library of Science, vol. 8(11), pages 1-1, November.
    4. Anke S. K. Frank & Livia Schäffler, 2019. "Identifying Key Knowledge Gaps to Better Protect Biodiversity and Simultaneously Secure Livelihoods in a Priority Conservation Area," Sustainability, MDPI, vol. 11(20), pages 1-22, October.

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