Experiments with market_based mechanisms -- for example, eco-tourism or the trading of factory emissions -- have multiplied over the past decade. Across Africa, these approaches often aim for a "win_win" outcome: the poor benefit and resources are conserved. But the actual net effects of these programs are poorly understood.The theory behind market_based conservation strategies is simple: create markets for derivative products in order to increase the value that local people place on the resource, thus inducing them to conserve it. With this logic in mind, several groups seeking to protect Morocco's unique argan forests enthusiastically embraced commercialization of argan oil. The results should make other Africans cautious about the potential of market_based approaches to their environmental/development problems.
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