Free-market environmentalism combines the ideals of environmental protection with the principles of a free-market economy. It acknowledges that markets can provide powerful incentives for conservation and environmental stewardship, and that private property rights and contracts can be leveraged as tools to protect the environment. But how exactly does this work?
If conservationists truly want to protect the pangolin, they’ll need to acknowledge the incentives of the humans that threaten them, and create policies which address them.