While UNFCCC COP16 has taken the spotlight this month, we have not forgottent the biodiversity market. Domestic news includes a recent change in the way the USACE is documenting decisions. International news includes the first global tiger conservation conference, held in St. Petersburg. Here is the latest from the world of biodiversity markets.
NOTE: This article has been reprinted from Ecosystem Marketplace’s Mitigation Mail Newsletter. You can receive this summary of global news and views from the world of biodiversity automatically in your inbox every two weeks by clicking here.
9 December 2010 | There has been a significant decrease in biodiversity markets news as the ripples of the CBD COP10 in Nagoya have diminished and the Big Brother UNFCCC COP16 has taken center stage in Cancun, Mexico. Our main site on Ecosystem Marketplace is providing in-depth coverage from the field, while V-Carbon News and Forest Carbon News Briefs are covering the voluntary carbon and forest carbon and REDD+ angles.
The biggest news this month came from the first global tiger conservation conference, which drew attention – and $330 million in pledged funding – to the plight of great cats.
On the domestic front, the NMBA quietly noted in their Winter newsletter that the US ACE has recently instructed District staff to document reasons why mitigation banks are not being used when they are available. This has been a bone of contention for the US mitigation banking industry – while 2008 regulations stated a preference for mitigation banking, it did not appear to be translating to regulators directing permittees to banks.
Finally, over in the Southwest US, folks identifying with ‘ecosystem services’ are geeking out at the annual ACES conference (A Community of Ecosystem Services). If you’re attending, please say hello at the Ecosystem Marketplace booth.
Read on for the latest and greatest news on biodiversity markets.
—The Ecosystem Marketplace Team
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