The aim of the article is to identify and analyse innovative statutory regulation to address the challenges of biodiversity conservation, especially in relation to private forests. Four countries (Finland, Sweden, France and Australia) are scanned for innovative approaches and the identified instruments are classified into five categories according to the level and intensity of government interference. Advantages and drawbacks of the different instrument types related to their effectiveness, cost-effectiveness, fairness and acceptability are examined from a theoretical point of view. Compared to traditional measures of nature conservation, the examined innovative instruments provide for more flexibility relating to the nature of restrictions, scope, implementation or adjustability. This is aimed at improving acceptability among regulatees while upholding various degrees of government interference. On the basis of our analysis, innovations to address specific biodiversity challenges may be identified and new solutions developed.
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