The Ecosystem Marketplace's Mitigation Mail
Conservation and Wetland News You Can Bank On
Building off the success of our carbon market brethren and on the compelling need for more and better information about biodiversity markets, the Ecosystem Marketplace has begun work on a first-of-its-kind "State of Biodiversity Markets" which we expect to publish in the summer of 2009. The report will provide transparency to the complex, emerging biodiversity markets. We will cover the network of biodiversity regulations and voluntary offset programs around the globe, with an in-depth look at US wetland mitigation and conservation banking. To that end, we have started dissemination of surveys to regulators and mitigation bankers in the US. We appreciate your cooperation in our efforts to provide greater transparency and efficiency to these emerging markets. For more information on the State of Biodiversity Markets report, including opportunities for sponsorship, please contact Becca Madsen (bmadsen[at]ecosystemmarketplace.com) or Nathaniel Carroll (ncarroll[at]ecosystemmarketplace.com).
As promised, Ecosystem Marketplace has continued to keep an eye out for news related to the late Bush-administration changes to the US Endangered Species Act (ESA). Earlier this month, President Obama issued a directive that basically told the US Fish and Wildlife to continue business as (was) usual... that is, to continue to consult with government agencies to determine if their actions might have negative effects on endangered species. The directive also instructed the Department of Interior (DOI) to consider rule revisions. Congress, in the meantime, slipped in language in the 2009 omnibus spending bill that allowed the DOI to skip public notice/commenting and fast-track a reversal of the changes to the ESA. The DOI is now considering whether to take the traditional route of rule-making or the fast-track route to reversing changes to the ESA.
Don't forget to register for the 12th annual National Mitigation & Ecosystem Banking Conference, May 5-8, 2009, in Salt Lake City. The conference will focus on "Banking under the New Rule." Learn more and register here.
Enjoy a diverse array of biodiversity market stories below.
—The Ecosystem Marketplace Team
If you have comments or would like to submit news stories, write to us at firstname.lastname@example.org.