At the Ecosystem Marketplace, we’re finding ourselves looking south and for good reason: as work continues on a REDD+ framework, we’re eagerly waiting to see how biodiversity protection might fit into a large-scale forest payments program in developing countries. Read this week’s MitMail for details on this and more.
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15 November 2011 | As the days keep getting shorter, over here at the Ecosystem Marketplace we’re finding ourselves looking south. For good reason: as work continues on a REDD+ framework, we’re eagerly waiting to see how biodiversity protection might fit into a large-scale forest payments program in developing countries. Will carbon payments help deliver financial and technical support to biodiversity protection and monitoring, or could REDD+ driven afforestation actually be bad news for high biodiversity-value areas?
In this MitMail, we cover some new developments on that front, including recent Convention on Biological Diversity (CBD) workshops on incorporating biodiversity safeguards into REDD+ and a new manual on social & biodiversity impact assessment for REDD+ projects, coauthored by our parent organization Forest Trends. It remains to be seen to what extent CBD commitments to indigenous/local community participation and biodiversity protection make it into the final product of its collaboration with the UNFCC. We certainly have our fingers crossed.
Read on for the latest news in biodiversity market mechanisms. And as always, if you value what you read here, consider becoming a supporting subscriber. Your support helps us keep the lights on and keeps biodiversity news and analytics coming to your inbox every month, free of charge. Make a donation here.
—The Ecosystem Marketplace Team
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