Ecosystem Marketplace, Marketplace eNewsletter

Vol. 3, No. 8: July 24, 2008    

From the Editors

The Ecosystem Marketplace's Mitigation Mail
Conservation and Wetland News You Can Bank On

This month has seen a good deal of biodiversity offset activity in the international arena.

First, the Business and Biodiversity Offsets Program (BBOP) is now soliciting input, via an on-line consultation process, on their draft principles and biodiversity offsets methodology toolkit.  BBOP’s goal is to make biodiversity offsets a standard part of business practice for companies with a significant impact on biodiversity.  To achieve this goal BBOP is developing, testing, and disseminating best practice on biodiversity offsets. In total, ten documents will be posted for public consultation. Each document will be open for review and commenting for six weeks.  Half of the papers are already posted, and the remainder will be available in the next few weeks.

The US species and wetland mitigation banking industry has both a lot to contribute and to learn from this international compensatory mitigation framework.  To learn more about participating in the process, click here.  And to learn more about BBOP in general, click here.

There has also been some recent discussion about how the carbon and biodiversity markets might interact.
 
One recent article in Conservation Biology proposes combining the markets so investors can “…reap the dual benefits of carbon and biodiversity credits from one parcel of land.”  This proposal is a response to current concerns that approaches to carbon emissions offsetting create an incentive for investment in monoculture plantations. 

Another study from a team of US universities concludes: "…if you want to conserve species, that policy might not be compatible with carbon sequestration, [and] if you want to get carbon out of the atmosphere, it's not clear that will be good for species."

For more on this topic and others read below.

  

—The Ecosystem Marketplace Team

If you have comments or would like to submit news stories, write to us at mitmail@ecosystemmarketplace.com.


 

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Ecotourism and sustainable trophy hunting have delivered verifiable conservation benefits in parts of Africa, but scaling up has proven difficult. Now, an innovative pilot scheme in Tanzania is trying an alternative approach: paying communities directly to protect wildlife habitats. The Ecosystem Marketplace examines this promising new model for wildlife conservation. First in a Series

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Ducks Unlimited has restored more than ten million acres of natural habitat, creating carbon sinks that capture untold millions of tons of carbon every year. The Ecosystem Marketplace examines DU's latest effort to harvest those carbon credits and perhaps blend them with biodiversity offsets to restore one of North America's most important and endangered bird habitats — and with it a peculiar geological legacy of the Ice Age.

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Mitigation News

     
 
 
 
 
 

A recent article in Conservation Biology - Using Carbon Investment to Grow the Biodiversity Bank (Bekesy and Wintle 2008) – proposes combining the markets for carbon and biodiversity. The authors suggest that “...investors should be allowed to reap the dual benefits of carbon and biodiversity credits from one parcel of land and those credits could later be traded on the relevant markets.” This proposal is a response to current concerns that approaches to carbon emissions offsetting create an incentive for investment in monoculture plantations.

Read story in eianzecology.blogspot.com – New South Wales, Australia

 
 
 
 
 
 

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UPCOMING EVENTS

07/28/2008 - 07/30/2008 Environmental Services Workshop

08/18/2008 - 08/20/2008 Climate Change and Business Conference

 
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