At Ecosystem Marketplace, we've been following with interest recent developments in candidate species conservation banking. A 'candidate species' is a species that's recognized as at-risk but not yet officially listed under the Endangered Species Act as threatened or endangered.
Last week, the Department of Interior opened up a public comment period seeking input on whether and how regulators should allow "advance mitigation," wherein a landowner's actions to protect candidate species habitat could count as an offset later on if the species is ultimately listed. Advance mitigation would give private landowners incentives for conservation and drive a potentially significant candidate species marketplace in the US. Keep reading for more details on the public comment period and a story about a candidate species pilot already underway.
We'd also like to draw your attention to a new venture from the Ecosystem Marketplace team, Watershed Connect. Watershed Connect is a collaborative platform focusing on payments for watershed services, water quality and environmental water markets, and other innovative financing mechanisms for protecting natural water infrastructure. It offers practitioners, decision-makers, and other actors the latest news, resources, collaborative tools, and project information. Take a look and please let us know what you think!
Finally, if you value your monthly MitMail dispatch, consider supporting us with a donation! It allows us to keep the lights on and our news briefs to keep coming, free of charge. Individuals or organizations donating $150 or more are listed in the newsletter sidebar as "Supporting Subscribers" for a year.