Brent,
Doesn’t this work only if nations establish cap & trade laws? You won’t see the US doing so anytime soon. Who cares if WWF or any other group uses private money to buy land for conservation purposes, so long as they have no mechanism to recover money from public sources?
Actually, I can answer that. Who might care are the people who lose opportunity to to improve their condition by making use of the land. Still, if private capital wants to buy land to to conserve it, I generally have to support it.