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https://theconversation.com/climate-change-and-nature-loss-are-our-biggest-environmental-problems-so-why-isnt-the-market-tackling-them-together-219899>
"Climate change and biodiversity loss are arguably the greatest environmental
challenges the world faces. The way we use land is crucial in finding solutions
to these problems. In theory, actions such as revegetation and avoiding land
clearing can tackle both problems at once – for example, by simultaneously
storing carbon in plants and providing habitat for animals.
Sometimes when taking these actions, however, carbon storage is prioritised at
the expense of biodiversity. But that need not be the case. Our new research
suggests we can act to boost the climate and nature at the same time.
We examined a financial incentive scheme in South Australia’s Mount Lofty
Ranges. We found action by farmers to restore native woodlands on their
properties also stored carbon in the vegetation. This carbon abatement, if
converted into carbon credits, could have paid the farmers for their
restoration activities. It suggests existing carbon markets can pay for
biodiversity conservation.
To date, few market-based biodiversity schemes in Australia have been designed
to reward farmers for delivering these twin benefits – and the same is true for
carbon markets. This is a huge missed opportunity for both the climate and
nature."
Cheers,
*** Xanni ***
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mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
