Journal article

Reallocating budgets among ongoing and emerging conservation projects

Chung-Huey Wu, Aaron J Dodd, Cindy E Hauser, Michael A McCarthy



Conserving biodiversity and combating ecological hazards require cost‐effective allocation of limited resources among potential management projects. Project priorities, however, can change over time as underlying social‐ecological systems progress, novel priorities emerge, and management capabilities evolve. Thus, reallocation of ongoing investments in response to shifting priorities could improve management outcomes and address urgent demands, especially when additional funding is not available immediately. Resource reallocation, however, could incur transaction costs, require additional monitoring and reassessment, and be constrained by ongoing project commitments. Such complexities may pr..

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Awarded by ARC Discovery project

Funding Acknowledgements

We thank S. Nicol and I. Chades for their suggestions in model development. We thank the handling editors and anonymous reviewers for their valuable comments. This research was supported by the Australian Research Council (ARC) Centre of Excellence for Environmental Decisions (CEED). C.H.W. was sponsored by the Australian Government Research Training Program (RTP) Scholarship. A. J. D. was sponsored by the Centre of Excellence for Biosecurity Risk Analysis (CEBRA). C. E. H. was sponsored by an ARC Discovery project (DP160100745) awarded to Burgman, Moore, Robinson, and Liebhold.