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Voluntary biodiversity offset strategies in Madagascar

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  • Bidaud, Cecile
  • Hrabanski, Marie
  • Meral, Philippe

Abstract

In this article we examine the institutional strategies and methods of biodiversity offset calculation employed by two mining companies in Madagascar. Much like the REDD+ mechanisms, these environmental projects are based on estimations of the past and predictions of the future, and require validation by international experts. They incorporate a set of standard indicators adapted to the affected habitats, and specially developed units of measurement to demonstrate ecological equivalence. The complex and diverse mitigation portfolios of these companies include aspects of both in-kind and financial compensation, and allow the combination of different types of programs that may be developed directly by the company or delegated to conservation non-governmental organizations (NGOs).

Suggested Citation

  • Bidaud, Cecile & Hrabanski, Marie & Meral, Philippe, 2015. "Voluntary biodiversity offset strategies in Madagascar," Ecosystem Services, Elsevier, vol. 15(C), pages 181-189.
    • Handle: RePEc:eee:ecoser:v:15:y:2015:i:c:p:181-189
    DOI: 10.1016/j.ecoser.2015.02.011
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    References listed on IDEAS

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    1. Lohmann, Larry, 2009. "Toward a different debate in environmental accounting: The cases of carbon and cost-benefit," Accounting, Organizations and Society, Elsevier, vol. 34(3-4), pages 499-534, April.
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    1. Vaissière, Anne-Charlotte & Quétier, Fabien & Calvet, Coralie & Levrel, Harold & Wunder, Sven, 2020. "Biodiversity offsets and payments for environmental services: Clarifying the family ties," Ecological Economics, Elsevier, vol. 169(C).
    2. Katie Devenish & Sébastien Desbureaux & Simon Willcock & Julia P. G. Jones, 2022. "On track to achieve no net loss of forest at Madagascar’s biggest mine," Nature Sustainability, Nature, vol. 5(6), pages 498-508, June.
    3. Jacob, Céline & Vaissiere, Anne-Charlotte & Bas, Adeline & Calvet, Coralie, 2016. "Investigating the inclusion of ecosystem services in biodiversity offsetting," Ecosystem Services, Elsevier, vol. 21(PA), pages 92-102.
    4. Ghermandi, Andrea & Obura, David & Knudsen, Camilla & Nunes, Paulo A.L.D., 2019. "Marine ecosystem services in the Northern Mozambique Channel: A geospatial and socio-economic analysis for policy support," Ecosystem Services, Elsevier, vol. 35(C), pages 1-12.
    5. Céline Huber & Luc Doyen & Sylvie Ferrari, 2021. "Profitability and conservation goals reconciled through biodiversity offsets," Bordeaux Economics Working Papers 2021-19, Bordeaux School of Economics (BSE).

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