Financing land restoration: possibilities and challenges

Santhakumar, V. and Jain, Ritika and Thummarukudy, Muralee (2026) Financing land restoration: possibilities and challenges. In: Land Restoration: A Rational, Grounded and Pragmatic Approach. Springer Nature Switzerland, Cham, pp. 77-86. ISBN 978-3-032-26652-1

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Abstract

The chapter discusses different kinds of challenges in ensuring that money from these different sources actually reach and is used at the ground level to restore land. These include (a) Governments in poorer countries may not have enough resources (and have other needs); (b) Individuals may not be interested in land restoration as it has an element of positive externality and hence those who invest cannot gain the full benefits; (c) Transaction costs are higher for a large number of small projects and such projects are common for land restoration; (d) Many actors do not have enough capacity to access carbon and biodiversity-finance; (e) though private finance is available, its size is still small, and it may go to locations where institutions are reasonably functional, which may not be the case in many less-developed economies; and (f) Effectiveness of international altruistic investments may be lower in certain contexts (mainly poorer countries).

Item Type:	Book Section
Authors:	Santhakumar, V. and Jain, Ritika and Thummarukudy, Muralee
Document Language:	Language English
Subjects:	Social sciences > Economics > Production > Sustainable development Social sciences > Law > Labor, social, education & cultural law > Miscellaneous social problems and services > Environmental protection
Divisions:	Azim Premji University - Bengaluru
Full Text Status:	None
URI:	http://publications.azimpremjiuniversity.edu.in/id/eprint/7893
Publisher URL:	https://doi.org/10.1007/978-3-032-26652-1_8

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