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.
March 21 | At Ecosystem Marketplace, we’ve been following with interest recent developments in candidate species conservation banking. A ‘candidate species’ is a species that’s recognized as at-risk but not yet officially listed under the Endangered Species Act as threatened or endangered.
Last week, the Department of Interior opened up a public comment period seeking input on whether and how regulators should allow “advance mitigation,” wherein a landowner’s actions to protect candidate species habitat could count as an offset later on if the species is ultimately listed. Advance mitigation would give private landowners incentives for conservation and drive a potentially significant candidate species marketplace in the US. Keep reading for more details on the public comment period and a story about a candidate species pilot already underway.
We’d also like to draw your attention to a new venture from the Ecosystem Marketplace team,
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—The Ecosystem Marketplace Team
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