Ongoing industrial development is a reality, and, for many countries, an imperative. Increasingly, governments and others are turning to compensatory mechanisms, such as offsets, to counterbalance unavoidable biodiversity and ecosystem service impacts and provide urgently needed resources for underfunded environment programs. In such circumstances, how can people best harness the new push for compensatory conservation approaches, like offsets, to leverage the best outcomes for biodiversity and the ecosystem services it provides?
This Working Group is developing criteria, linked to sectoral and in-country circumstances, for identifying the type of compensatory approach most likely to deliver equitable conservation benefits across a range of objectives, and take advantage of current activities to test and illustrate biodiversity and ecosystem service outcomes from alternative compensatory approaches. By learning from existing experiences, the Working Group will create and provide better guidance and approaches to compensatory conservation that result in the desired conservation outcomes.
This project is supported by the Science for Nature and People Partnership (SNAPP), generously funded through founding grants by Shirley and Harry Hagey, Steve and Roberta Denning, Seth Neiman, Angela Nomellini and Ken Olivier, the Gordon and Betty Moore Foundation, Ward W. and Priscilla B. Woods, and the David and Lucile Packard Foundation.