Market-based initiatives to conserve biodiversity include:
Conservation training:
Educating stakeholders on local species and conservation methods to protect biodiversity.
Wildlife inventories and action plans:
Developing inventories and conservation plans for endangered species to guide targeted protection efforts.
Prohibition of hunting:
Implementing hunting bans with exceptions for culturally significant practices that do not harm biodiversity.
Sustainable agricultural practices:
Promoting methods like agroforestry to integrate conservation with land use.
Habitat connectivity:
Establishing riparian buffers and conserving natural areas to ensure safe wildlife movement and ecosystem resilience.