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the form of direct expenditure (e.g. regional funding for
ecological infrastructure).
Where resource users need to change accustomed
practices, this can create additional problems on top
of the time lags in the return on investment. The Cape
Horn lobster fishery is an example (Pollack et al 2008).
In this fully exploited archipelago in Southern Chile,
mussel cultivation has been suggested as an alternative
source of income. However, this requires dissemination
of market opportunities, capacity building, a critical
RESPONDING TO THE VALUE OF NATURE
mass of ‘innovators’ and good timing in order to motivate
and successfully accompany lobster fishers to get
involved in mussel cultivation: these measures need
significant up-front government investment.
The period between a policy shift – e.g. towards stricter
protection of the Cape Horn lobster breeding grounds
– and its promised results is a difficult time which can
be dominated by opposition. Managing transition is
clearly a challenge in its own right, meriting the
particular attention of policy makers.
* The Sveriges Riksbank Prize in Economic Sciences in Memory of
Alfred Nobel.
TEEB FOR NATIONAL AND INTERNATIONAL POLICY MAKERS - CHAPTER 10: PAGE 26