Private reserves and private land leasing
In many countries, privately or communally owned lands have tremendous biodiversity value. While protected area strategies are typically assumed to be synonymous with public land ownership and management, privately and communally owned lands can also be simultane-ously managed to conserve biodiversity and to generate local economic benefits. Privately owned reserves and leasing of private lands for publicly managed conservation areas are two examples. Privately owned reserves show how the private sector can be incorporated into a strategy of sustainable development and conservation.