Australia; International; QLD
Paying people living in important conservation areas in low- and middle-income countries just over $8 (US$5.50) a day would cost around $714 billion (US$478 billion) a year but it could help protect the environment and the trillions of dollars of global economic production that depends on it, according to Australian and international research. The study looked at the costs of a cash payment known as a conservation basic income (CBI) to people living in important conservation areas. They found the cost of such as scheme would vary widely, depending on the areas and populations included and it was far higher than the amount governments currently spend on conservation.
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