09 February 2015 11 1K Report

Brazil has visionary (if yet to be implemented) legislation requiring landowners to preserve at least 20% of woodland on their properties. The benefits, especially if reforestation is required, will be considerable in terms of climate change mitigation.

The benefits in terms of biodiversity conservation, however, would be far less with a rigid 20% law than with one countenancing smaller but priority areas. Such flexibility characterises the trading schemes used in carbon markets in which not all polluters are held to the same standard. So some companies can buy the rights to pollute more than their quota from firms that have accumulated 'credits' by investment in cleaner or more efficient technology, for example.

Thus a properly managed forest conservation market which identifies and applies preferential benefits to priority areas - wetlands, Red Listed spp habitat, corridors, etc., could generate far greater ecosystem dividends. Similarly, Lovejoy's bigger-is-better conclusion would reap greater conservation gains by promoting consolidation of little reserves which incur huge edge effect losses into larger ones that suffer less. This concept is presumably being applied in some countries. Can anyone tell me where? Related ideas and comments will also be most welcome.

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