Species Conservation

• An estimated 400+ "wetland banks" throughout the United States handle more than $3 billion per year in transactions, and more than 70 species banks (conservation banks) trade as much as $370 million in species credits each year.

• Vulcan Materials Corporation in California set up a conservation easement on its land, prime habitat for the endangered Delhi Sands Flower-loving Fly, and opened a bank selling "fly habitat credits" to needy developers.

• In South Africa, Columbia, and the European Union, laws requiring or encouraging biodiversity offsets are either being considered or already implemented.

• China's Grain for Green program redistributes tax revenues to farmers to keep hillsides forested; it aims to conserve watersheds and prevent floods, but also helps protect species.

CHAPTER 1

0 0

Post a comment