Incentive-based Rehabilitative Economics

A set of economic policies that give carbon credits, financial grants or subsidies, expertise, or other types of aid as an incentive to rehabilitate and protect, in perpetuity, habitats that have been destroyed by human activity (for example, rainforests burnt to raise cattle).

Example: In 1968, UNESCO and the government of India funded the development of Auroville, a wasteland at the time. Today, it is a green, lush, and thriving community.

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