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Benefits of Biodiversity Markets

Increased conservation: Biodiversity banking enables industries to, via their obligation to mitigate, make an effective contribution to conservation that is long term (when the right protections, standards, monitoring and oversight are put in place).

Prices biodiversity into the value chain: Markets for biodiversity conservation provide a price signal that presents conservation as an economically rational land use option in areas of high biodiversity value - whether fish, wildlife or habitat.

Improved conservation outcomes: Consolidating conservation sites into banks from which credits are sold to numerous buyers is more ecologically viable than a range of disjointed fragmented sites which due to size and distance do not have aggregated environmental outcomes.

Improved costs management: Consolidation of conservation activities onto a smaller number of larger sites enables reduced monitoring and enforcement costs by the bankers and the regulators.

Sustainable development: The private sector becomes involved in helping to achieve policy goals and develop more sustainably.

Social equity: Generally, livelihoods of local communities are improved with by conservation as compared with natural resource destruction, particularly in developing countries.

Capacity building: Local community groups can be retrained to conserve their local environment, preserving cultural practices and growing ecotourism and local job opportunities.

 
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