Some of the incentives that can be provided to conserve marine biodiversity include encouraging local people in their limited and managed development. Thus the best and most successful policies that encourage conservation of wildlife and marine biodiversity have been those that encourage the locals’ limited and managed development. This implies that allowing the local communities to make restricted use of wildlife encourages them to view the surrounding wildlife as an asset for development rather than a threat. Allowing utilization of restricted reserve lands along riverside and coastal regions allows the local people to make use of the available land while at the same affording other uses by wildlife. Afterall, at any given time, it is always important for the benefits accruing from wildlife conservation to trickle down and be distributed amongst the whole community. This takes the form of sharing tourism incomes from the reserve with the local community and maintaining a specific share of the available jobs in the reserve for the local community. Such policies, therefore, act as an encouragement for the locals who view the designation of the reserve for wildlife purposes as a particular kind of local development policy for their benefit.
The other important incentive that can really assist in marine biodiversity conservation is the use of taxes/charges and tradable quota or rights and subsidies. This means that harvesters are subsidized to lower their harvest rate.