ENVIROMENTAL RESERVE QUOTES: AN INTERPRETATION OF THE ECONOMIC ANALYSIS OF LAW
In the New Forest Code (Law no. 12.651/2012), the rural landowners’ obligation to maintain an area with native vegetation cover (or Legal Reserve Area – LRA) was made more flexible by the introduction of Environmental Reserve Quotas (ERQ). Through the organization of a compensation market, ERQs allo...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Universidade Federal do Rio de Janeiro
2018-02-01
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| Series: | Revista de Estudos Institucionais |
| Subjects: | |
| Online Access: | https://www.estudosinstitucionais.com/REI/article/view/228 |