Direct or indirect public transfer or other incentive to business for the adoption of sustainable business practices that help to improve biodiversity management. Explicit subsidies, financed either on-budget or off-budget (e.g. through a State Owned Enterprises), comprise monetary transfer -including income support (producer); market price support (consumer and producer); export subsidies (producer); public procurement above the market price; foregone taxation including reduced taxation, tax breaks, tax rebates, accelerated depreciation of assets; in-kind provision of inputs and services, including extension services; in-kind provision of infrastructure; provision of capital at concessional rates.
Conservation incentives
Direct or indirect public transfer or other incentive to businesses for advancing conservation outcomes, e.g. investing in technology upgrades that consume less natural capital such as land or water.