Arbeitspapier

Fiscal transfers for biodiversity conservation: The Portuguese Local Finances Law

Biodiversity loss is a serious global environmental problem. Economic instruments in biodiversity policies can contribute towards reconciling the conservation costs encountered at local level with the benefits of biodiversity conservation at higher levels of governance, from regional and national levels up to the global level. This paper outlines the theoretical foundations of fiscal transfers in conservation policies and also offers a concise account of existing international experience and future prospects. The recently amended Portuguese Local Finances Law (LFL) of 2007, with its groundbreaking new article on the promotion of local sustainability, is analysed in terms of the significance of fiscal transfers for municipal budgets. It is compared with its predecessor law, highlighting changes in fiscal revenues for selected municipalities in the country in relation to their designated protected areas. The anagical fiscal transfers can be significant for those municipalities with a large proportion of land under protected status. However, because it also introduces a considerable number of changes to the Portuguese fiscal transfer scheme, the ecological impact of the new LFL is difficult to assess due to the presence of several crossover effects. The results obtained offer significant insights both for improving the Portuguese LFL and for designing new ecological fiscal transfer schemes.

Language
Englisch

Bibliographic citation
Series: UFZ Discussion Paper ; No. 11/2010

Classification
Wirtschaft
Subject
Biodiversity conservation
Protected areas
Natura 2000
Intergovernmental fiscal transfers
Local Finances Law
Portugal
Finanzausgleich
Biodiversität
Gemeindefinanzen
Naturschutz
Portugal

Event
Geistige Schöpfung
(who)
Santos, Rui
Ring, Irene
Antunes, Paula
Clemente, Pedro
Event
Veröffentlichung
(who)
Helmholtz-Zentrum für Umweltforschung (UFZ)
(where)
Leipzig
(when)
2010

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Santos, Rui
  • Ring, Irene
  • Antunes, Paula
  • Clemente, Pedro
  • Helmholtz-Zentrum für Umweltforschung (UFZ)

Time of origin

  • 2010

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