342
U. Abiha et al.
the policies in an era of tightening belts to retain higher revenue generation. Another
evident study of taxation has catered to the data that 70% of known vessels implicated
in illegal fishing are flagged in a tax haven, and increasing the soya and beef in the
Amazon, the prime drivers of deforestation. So modified channels should be chosen
for the process of taxation.
14.7.3 Greener Investments as a Seminary for Biodiversity
Support
While pondering upon the private sector, it is seen that sector seeks financial support
and prop by grants to ensure the possibility of longer-term sustainability, the government should prioritize to support that business that does not pose a threat to biodiversity, and put restrictions on those which pose the same. A study regarding the context
of the USA for the year of 2008–2009 it was seen that the American Recovery and
Reinvestment Act provided gargantuan loans and tax credits to the company for
greener vehicle development [43]. Similar plans are needed to strengthen the businesses receiving bailouts and raising funds for firms that mitigate the biodiversity
risks involved. In the scenario of Canada, there were lofty provisions that bailout
funds to giant firms will require aligning to the disclosure standards. The investments are made in those sectors and technologies that actually reduce the pressure
on nature. Private establishments in land-scale land acquisition in the area of many
tropical countries, specifically for the case of the export commodities, have landed
us in a situation of massive deforestation, even outside the investment lands. The
increase in the financial profit in other sectors has increased the conversion of farmlands into the specialized sections. This expansion of these domains is the major
cause of the ecosystem alteration.
14.8 Recommended Environmental Approaches
Conserving Biodiversity can be a win–win strategy for maintaining an equilibrium
in the ecosystem and human health. The services provided by the ecosystem are
declining at a rapid rate and nearly 12% of the land surface is under protection in the
form of Bioreserves, National parks, and Herbal gardens. Besides food security and
regular clean water, conservation of biodiversity is important for mitigation of disasters and diseases thereby promoting mental and physical health [44]. The general
view of preservation in terms of wildlife protection and maintaining tourism needs to
evolve and transform emphasizing its influence on human health and its implications,
where protected areas maintain the services provided by the ecosystem and promote
effective immunity and boost the health of the population. It is important to squander
Précédent

- 346/437

Suivant