Towards a framework for protected area asset management

Protected areas (PAs) are a large and growing asset class with unique legal and social characteristics. This discussion paper provides an update on the development of a new asset framework for PAs, that involves new typologies for investment, situated assets, forms of value, value capture, and risk....

Full description

Bibliographic Details
Main Authors: Caldecott, B, Jepson, P
Format: Report
Published: Smith School of Enterprise and the Environment 2014
Description
Summary:Protected areas (PAs) are a large and growing asset class with unique legal and social characteristics. This discussion paper provides an update on the development of a new asset framework for PAs, that involves new typologies for investment, situated assets, forms of value, value capture, and risk. This new framework could help PAs to generate more value, attract new investment, and better manage risks that could strand PA assets.