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.

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.

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.

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.

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.

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

This volume represents the compiled conference proceedings for the TOP Biodiversity Conference that took place in June 2010 at Intercollege-Larnaca in Cyprus