IA 3.2. Financial incentives for fire-resilient landscape measures

OVERVIEW

Status

100%

What kind of result is this?	New tool
What’s the area addressed?	Landscape and Economy Economic drivers, Incentives and Insurance Solutions
What’s the covered phase?	Prevention and Preparedness
What’s the addressed challenge?	Avoid spatial coordination problems in private forests’ management to achieve effective large-enough areas for fire risk mitigation.
What value is proposed?	A bonus grant system was tested to transfer funds raised from beneficiaries of landscape resilience (e.g. tourism) to cover the additional costs of land managers implementing concerted preparedness measures.
Who can use it?	Private forest owners
What type of tool is it?	Economic incentive
How does it look like?	Monetary incentive
This tool is…	⊠ a new tool	☐ an improved tool
What are the vision & mission statement?	The objective of this tool is to test an economic incentive that spatially coordinates private forest owners to join a subsidy for forest management, aimed to fire prevention, with the objective of creating large forest areas.
Technology Readiness Level (TRL)	6
Documentation	Policy Brief “Can economic incentives help reducing wildfire risk?” “Development and implementation of incentive mechanisms at regional policy level to support fire-resilient landscapes”
This IA is implemented in the Living Lab(s)…	Catalonia, Chile, Portugal