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This book deals with the new concept of biodiversity offsets. The aim of offsetting schemes is to achieve no let loss or even net gain of biodiversity. Offsets obey a mitigation hierarchy and reflect the precautionary and polluter-pays principle in regard to project impacts. Readers gain insights into current debates on biodiversity policies, with top experts outlining theoretical principles and the latest research findings. At the same time the focus is on practical application and case studies. Today there is a lively international discussion among practitioners and scientists on the optimal legal framework, metrics and design of habitat banks to ensure the success of biodiversity offsets and to minimise the risks of failure or misuse. Contributing to the debate, this volume presents the activities and practices of biodiversity offsetting already implemented in Europe in selected EU member states, and the lessons that can be learnt from them. Readers may be surprised at how much experience already exists in these countries. A further aim of the book is to offer grounded insights on the road ahead, and foster a more intensive and fruitful discussion on how offsetting can be extended and improved upon, so that it becomes a key and effective component of Europe’s biodiversity conservation policy framework.
We are witnessing an alarming, global biodiversity crisis with an ongoing loss of species and their habitats. In response, a number of tools and approaches – including some that are contested – are being explored and promoted. Biodiversity offsets are one such approach, and deserve critical examination since the debate surrounding them has often been oversimplified and lacking practical evidence. As such, this study presents a refined typology including seven types of biodiversity offsets and taking into account different contexts, governance arrangements and drivers. It draws on a detailed analysis of theoretical concepts to explain the voluntary implementation of biodiversity offsets using an internet-based (netnographic) research approach. Furthermore it builds on a broad global explorative base of 72 practical examples and presents in-depth case studies for each type. The results reveal a number of global tendencies that allow recommendations to be made for different locations, contexts and stakeholders. They also encourage the expansion of this research field to respond to the pressing needs of policy and practice.
The conservation of biodiversity is now big business. Whether called conservation banking, species banking, habitat banking, biodiversity banking, biodiversity offsets, compensatory mitigation or ecological footprint offsetting, the idea of financially valuing biodiversity and using the market and businesses to promote conservation is growing rapidly. This handbook is a comprehensive guide to conservation banking, explaining what it is and how it works. Written by leading ecosystem market experts, the book provides practical guidance, tools, case studies, analysis and insights into conservation banking and other market-based approaches to conservation. Coverage includes the origins of conservation banking, the pros and cons for conservation, how conservation banking works in reality, the legal, practical and financial aspects of setting up and running a conservation bank and how 'biodiversity off-sets' can be internationalized. Published with Ecosystem Marketplace
We are currently facing significant challenges in environmental management that must be addressed to maintain the health of our planet and our population. While carbon offsetting in its various forms is widespread globally, few countries have fully legislated and put into operation other offset policies. This edited collection aims to fill the gap of knowledge on environmental offsets, from theory to practice. Environmental Offsets addresses four major forms of environmental offsets – biodiversity offsets, carbon offsets, offsetting the depletion of non-renewable resources and offsetting the destruction of built heritage. The authors discuss their research and provide case studies from around Australia and across the developing world. Using examples such as the Sydney Olympics, the Bakossi Forest Reserve in Cameroon and green roof gardens, this book highlights the strengths and weaknesses of environmental offsetting and illustrates how jobs can be created in the offsetting process. Environmental Offsets is both a historical source in our understanding of environmental offsetting and a guide to the way forward. It illustrates what works, what does not and what can be improved for the future.
This book unravels the profound implications of biodiversity offsetting for nature-society relationships and its links to environmental and social inequality. Drawing on people’s resistance against its implementation in several urban and rural places across England, it explores how the production of equivalent natures, the core promise of offsetting, reframes socionatures both discursively and materially transforming places and livelihoods. The book draws on theories and concepts from human geography, political ecology, and Marxist political economy, and aims to shift the trajectory of the current literature on the interplay between offsetting, urbanization and the neoliberal reconstruction of conservation and planning policies in the era following the 2008 financial crash. By shedding light on offsetting’s contested geographies, it offers a fundamental retheorization of offsetting capable of demonstrating how offsetting, and more broadly revanchist neoliberal policies, are increasingly used to support capitalist urban growth producing socially, environmentally and geographically uneven outcomes. Nature Swapped and Nature Lost brings forward an understanding of environmental politics as class politics and sees environmental justice as inextricably linked to social justice. It effectively challenges the dystopia of offsetting’s ahistorical and asocial non-places and proposes a radically different pathway for gaining social control over the production of nature by linking struggles for the right to the city with struggles for the right to nature for all.
The risks posed by forest destruction throughout the world are highly significant for all. Not only are forests a critical source of timber and non-timber forest products, but they provide environmental services that are the basis of life on Earth. However, only rarely do beneficiaries pay for the goods and services they experience, and there are severe consequences as a result for the poor and for the forests themselves. It has proved difficult to translate the theory of market-based approaches into practice. Based on extensive research and case studies of biodiversity conservation, watershed protected and carbon sequestration, this book demonstrates how payment systems can be established in practice, their effectiveness and their implications for the poor.
This report examines the key design and implementation features that need to be considered to ensure that biodiversity offset programmes are environmentally effective, economically efficient, and distributionally equitable.
Recognizing the importance of wetland protection, the Bush administration in 1988 endorsed the goal of "no net loss" of wetlands. Specifically, it directed that filling of wetlands should be avoided, and minimized when it cannot be avoided. When filling is permitted, compensatory mitigation must be undertaken; that is, wetlands must be restored, created, enhanced, and, in exceptional cases, preserved, to replace the permitted loss of wetland area and function, such as water quality improvement within the watershed. After more than a dozen years, the national commitment to "no net loss" of wetlands has been evaluated. This new book explores the adequacy of science and technology for replacing wetland function and the effectiveness of the federal program of compensatory mitigation in accomplishing the nation's goal of clean water. It examines the regulatory framework for permitting wetland filling and requiring mitigation, compares the mitigation institutions that are in use, and addresses the problems that agencies face in ensuring sustainability of mitigated wetlands over the long term. Gleaning lessons from the mixed results of mitigation efforts to date, the book offers 10 practical guidelines for establishing and monitoring mitigated wetlands. It also recommends that federal, state, and local agencies undertake specific institutional reforms. This book will be important to anyone seeking a comprehensive understanding of the "no net loss" issue: policy makers, regulators, environmental scientists, educators, and wetland advocates.
This report examines six mechanisms that can be used to scale-up financing for biodiversity conservation and sustainable use and to help meet the 2011-20 Aichi Biodiversity Targets.
Financing Water Security and Green Growth offers a comprehensive overview of the innovative financial instruments and approaches available to implement water security and green growth initiatives at various scales and in different contexts. Robert C. Brears explores the use of a variety of public, private, and blended finance models to create climate-resilient water supplies, reduce water-energy-food nexus pressures, encourage water conservation and efficiency, and increase water reliability. He examines how these methods can decrease the costs and pollution associated with wastewater disposal, utilize natural processes to improve water quality, manage water quantity by restoring the hydrologic function of the landscape, and improve overall water governance. The book also provides in-depth case studies of the innovative application of financing tools to achieve water security and green growth in various locations of differing climates, lifestyles, and income levels, and identifies best practices.