The last month has been a little – dare we say – controversial for the conservation markets. This month’s MitMail digs into critiques of Australia’s new national Biodiversity Fund, the talk around a tradable quota proposal for whale harvesting, evidence that we’re not doing wetland restoration very well, and some heavyweights asking if we are focusing too much on 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 here.
22 February 2012 | The last month has been a little – dare we say – controversial for the conservation markets. In this MitMail, we dig into critiques of Australia’s new national Biodiversity Fund, a tradable quota proposal for whale harvesting that’s got people talking, evidence that we’re not doing wetland restoration very well, and a number of heavyweights asking whether we should be focusing so much on markets in the first place.
Luckily, biodiversity and wetland market actors have been equally busy finding smarter ways to design projects and market mechanisms to deliver both ecological and economic benefits. We highlight a partnership that aims to turn private landowner antipathy toward endangered species protections into a conservation opportunity, by promoting participation in species banking markets. Landowners get not only financial incentives but assurances from the US Fish & Wildlife Service against future regulatory actions. The idea is currently being piloted – see the US Mitigation News section for more information.
For those of you also interested in water quality markets and watershed payment mechanisms, keep an eye out for Forest Trends’ newest venture, Watershed Connect, an online platform connecting practitioners and policy-makers around investing in hydrological ecosystem services. We’ll launch the new site in early March.
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—The Ecosystem Marketplace Team
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