Meet Dr. Santiago Izquierdo-Tort.
Santiago serves as Assistant Professor, David Brand Professorship in Sustainable Forestry and Conservation Finance at the Department of Forest Resources Management.
He is an interdisciplinary economist from Mexico and studied an undergraduate degree in economics at Instituto Tecnológico Autónomo de México. Early in Santiago’s career he worked in forest conservation projects at non-for-profit Natura y Ecosistemas Mexicanos in Selva Lacandona (Mexico’s Southeast state of Chiapas). This experience sparked a now long-lasting interest in conservation and working among interdisciplinary teams.
Santiago’s impressive academic record includes MPhil and DPhil (PhD) degrees in International Development at the University of Oxford. Since then, his work has been rooted in economics but constantly draws on a wide range of theories and approaches from the social and natural sciences. Prior to joining UBC Forestry & Environmental Stewardship, Santiago held positions as Postdoctoral Fellow at Université du Québec en Outaouais and Instituto Tecnológico Autónomo de México, and later as an Associate Researcher at Universidad Nacional Autónoma de México’s Institute for Economic Research.
Santiago is currently co-holder of a UNESCO Chair in Socio-Economic Evaluation of Biodiversity and Ecosystems, an honorary appointment with the aim of developing innovative economic frameworks and tools for sustainable environmental governance.
As we welcome Santiago to the Faculty of Forestry & Environmental Stewardship, he spoke to us about his work and what he hopes to achieve at UBC.
What led you to UBC FES?
UBC Forestry & Environmental Stewardship, and in particular the Department of Forest Resources Management, were especially intriguing for three main reasons. Firstly, the strong alignment between my research and teaching interests and the Faculty’s established accomplishments in forestry and sustainability, as well as its expanding vision as reflected in its new name ‘Forestry and Environmental Stewardship’.
Secondly, the vibrant, supportive, and interdisciplinary academic environment, including world-class colleagues, outstanding students, and strong support for research, teaching, and professional development. Finally, the opportunity to live and work in British Columbia, with its exceptional nature.
What are your areas of research and top findings so far?
I am interested in the emergence, effects, and debates surrounding the implementation of so-called market-based or economic approaches to forest governance, such as Payments for Ecosystem Services (PES) schemes and carbon offsets, particularly in Latin America. These approaches, which rely on economic theories and use financial and economic incentives to promote conservation have become increasingly prominent in policy and practice over the last two decades. Yet they also remain highly contested and debated in academic and policy settings.
A central part of my work has been to develop a long-term ‘PES Observatory’ in Selva Lacandona (Chiapas, Mexico) to track the evolution and local-level impacts of Mexico’s national PES, one of the largest, longest-lasting, and most studied PES schemes worldwide.
Findings from this work, and from related research across Mexico and Latin America, have shown that cash-for-conservation schemes can be highly effective and socially legitimate under certain conditions. However, their real-world implementation often differs significantly from theoretical models and can produces a range of unexpected outcomes and processes. This research highlights the importance of recognizing and supporting Indigenous and local knowledge, diverse value systems, territorial rights, and forest stewardship as foundations for effective and socially legitimate conservation.
How can conservation finance help address the challenges facing sustainable forest management?
Conservation finance can help address some of the challenges faced by communities in managing forests by mobilizing new resources (from private or public stakeholders) or redirecting existing funds (from environmentally harmful public subsidies) towards supporting forest management practices, enhancing forest resilience, and incentivizing sustainable land use. However, simply increasing conservation finance is insufficient: without careful design, it can be ineffective, inequitable, or crowd out other critical resources.
What excites you most about being the holder of the David Brand Professorship in Sustainable Forestry and Conservation Finance?
I am particularly excited about the opportunity to build synergies between my existing research and networks in Mexico and Latin America, and the wide range of opportunities and resources available at UBC Forestry & Environmental Stewardship and across Canada. The David Brand Professorship provides a unique platform to significantly advance my research, teaching, and engagement activities on conservation finance in an interdisciplinary, policy-relevant, and community-engaged way. I am deeply grateful to Dr. Brand for his vision.
What do you hope to achieve at UBC FES?
I aim to build a research programme centred on establishing a ‘Conservation Incentives Lab’, focusing on advancing the evaluation, design, and implementation of incentives for forest conservation and sustainable management. This includes expanding my existing long-term research in Latin America while developing new projects in Canada and other geographic regions. This research lab will bring together students, researchers, and other community and practitioner partners to co-develop applied, policy-relevant research.
In teaching, I am excited about the opportunities at UBC Forestry & Environmental Stewardship to develop interdisciplinary and critical understanding of economic approaches to sustainability.