Using economic incentives to conserve CITES-listed species: a scoping study on individual transferable quotas for sturgeon in the Caspian Sea

This paper explores how individual transferable quota system (ITQs) can be used to act as economic incentives in conserving CITES-listed species, with particular reference to sturgeon fisheries of the Caspian Sea. The paper introduces the broad concepts of ITQs and explores economic incentives design, implementation, enforcement and compliance issues, within the context of Caspian Sea sturgeon population.