Funding
A standard framework for assessing the costs and benefits of restoration: introducing The Economics of Ecosystem RestorationBackgroundPolicy behind restoration projects and efforts is stronger than ever before, however the funding and financial structure to keep these efforts going is drastically underdeveloped. Ecological restoration finance is not usually in the expertise of restoration practitioners and communities, thus requiring those people to bring in someone with that expertise for aid. The authors emphasize that restoration projects are long-term investments and therefore a better financial understanding is needed to properly plan and execute those projects. Better understanding the costs and benefits of restoration will help gain easier access to financial support. Available with subscription or purchase |
Ecosystem restoration job creation potential in BrazilBackgroundEcosystem restoration is recognized globally for its environmental benefits. Other benefits from ecosystem restoration such as job creation may be of high interest to key stakeholders. The leverage of job creation may motivate additional investments and long-term commitment from stakeholders into restoration projects. Goals and MethodsThe authors aim to assess ecosystem restoration jobs in Brazil based on an online survey. Job structure, distribution, and abundance are measured. In total, the authors analyze results from 356 organizations’ responses covering almost the entirety of Brazilian estates. Open access copy available |
Cash for conservation: Do payments for ecosystem services work?BackgroundPayments for ecosystem services (PES) programs make payments to land owners for the ecosystem services such as clean water or carbon storage that their land provides to create incentives to protect the land. One of the objectives of these projects is to promote local economic development along with conservation outcomes. Researchers have sought to critically assess the assumptions behind these programs and their implementation. Open access copy available |
Payments for ecosystem services and the fatal attraction of win-win solutionsBackgroundPayments for ecosystem services (PES) programs involve valuing and paying stewards of ecosystems for the services that these ecosystems create incentives for conserving them. These programs are sometimes characterized as ‘win-win’ solutions, with the potential to contribute to both biodiversity conservation and poverty reduction. The authors of this paper review the literature on PES programs and highlight some challenges of implementing them. Open access copy available |
Adopt a carbon tax to protect tropical forestsBackgroundInternational investments in natural climate solutions such as conservation, restoration and land management remain low in many tropical countries. The authors point to research which shows that only 3% of global finance for climate change mitigation went towards natural climate solutions in 2017-18. They recommend constituting a national level carbon tax on fossil fuel companies to generate revenue to fund natural climate solutions. Open access copy available |
The Little Book of Investing in Nature: A simple guide to financing life on earthBackgroundThe authors of this book point out that the international community has missed almost all collective biodiversity targets till date. Insufficient finance or the large gap between the funds that are required for biodiversity conservation and the funds that are allotted and the inappropriate implementation of existing finance mechanisms are part of the reason for the continued decline in global biodiversity. Open access copy available |
Conservation Finance: A FrameworkBackgroundThe authors define conservation finance as “mechanisms and strategies that generate, manage, and deploy financial resources and align incentives to achieve nature conservation outcomes.” Governments are the largest contributors to conservation finance resources, and common mechanisms include grants, subsidies, and fiscal transfers, among others. Open access copy available |
Financing Nature: Closing the Global Biodiversity Financing GapBackgroundThe authors of this report point out that current economic systems promote unsustainable levels of land conversion for infrastructural and agricultural growth and natural resource extraction. They outline some economic and social reasons for protecting nature, and argue that economic systems need to be transformed to incentivize financing biodiversity conservation instead of enabling unsustainable land conversion and natural resource extraction. Open access copy available |
The global status and trends of Payments for Ecosystem ServicesBackgroundAvailable with subscription or purchase |
Payments for Ecosystem Services: Rife with Problems and Potential—For Transformation Towards SustainabilityBackgroundPayments for ecosystem services (PES) are monetary or in-kind payments that are made to land owners or stewards for the ‘services’ that their land provides such as fresh water, climate regulation, and soil formation. These payments are meant to act as an incentive to protect natural landscapes. Research on PES interventions has increased substantially from 2000 onwards. For example, the authors of this study found that there were 13 google scholar search results for “payments for ecosystem services” published before 2000, 182 results for studies published between 2001 and 2006, and 6830 results for studies published between 2007 and 2015. Open access copy available |
