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Market failure (Common Access Resources (Solutions (Extension of property…

- - - - Funds can be used to promote sustainability
      - Raises question of fairness
      - Not practical, costly, difficult due to large undefined areas
    - - Alaska: quota system, regulated fishing season, licensing and permits
      - Allows marine stock to replenish
    - - CTF by World Bank: low-interest loans
    - - Kyoto Protocol: cut global emissions of 6 major greenhouse gases
- - - - missing market : no resource allocated to production