Former Georgia governor Sonny Perdue says he’s opening his own mitigation bank as part of the state’s plan to make itself “drought proof”, and a new wetland bank has been proposed for Clark County, Washington. Here’s a quick summary of the latest news from the worlds of species and wetland mitigation banking.
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 by clicking here.
10 January 2011 | The year just past was a turbulent one for biodiversity finance, as your 2010 Retrospective made clear. We’ve also compiled quick rundowns on the year just past in
Keep your eyes peeled for our 2011 outlook, in which we try to identify the megatrends that will impace all ecosystem markets in the coming year.
Making the priceless valuable comes at a price
Biodiversity is the embodiment of the richness and diversity of nature, and unlike carbon, cannot be simplified into a single, fungible commodity. Even so, there are innovative mechanisms linking economics and conservation ecology, like biodiversity offsets and habitat banking.
But in this nascent market, data are few and far between. Ecosystem Marketplace is committed to being a trusted and transparent source of information on the metrics and mechanics of existing and developing biodiversity markets. The program has created the only centralized source of US conservation bank information (www.SpeciesBanking.com), which will soon expand to cover biodiversity markets around the world, and our
For over four years, Ecosystem Marketplace – a project of the 501(c)3 non-profit organization, Forest Trends – has delivered
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—The Ecosystem Marketplace Team
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