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...

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Bibliographic Details
Main Authors: Antonio Maristrello Porto, Laura Meneghel dos Santos
Format: Article
Language:English
Published: Universidade Federal do Rio de Janeiro 2018-02-01
Series:Revista de Estudos Institucionais
Subjects:
Online Access:https://www.estudosinstitucionais.com/REI/article/view/228

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