Investor creates first tropical biodiversity credits

23 08 2008

Post reproduced from TakeCover08:

An Australian investment company has launched what it describes as the first tropical biodiversity credit scheme, Mongabay.com reports (more detail here).

New Forests, a Sydney-based firm, has established the Malua Wildlife Habitat Conservation Bank in Malaysia as an attempt to raise funds for rainforest conservation.

The “Malua BioBank” will use an investment from a private equity fund to restore and protect 34,000 hectares of formerly logged forest.

The area will serve as a buffer between biological-rich forest reserve and oil palm plantations.

The credit scheme will generate “Biodiversity Conservation Certificates”, which will be sold to bankroll a perpetual conservation trust and produce a return on investment for the Sabah Government and the private equity fund.

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Classics: Declining and small population paradigms

23 08 2008

‘Classics’ is a category of posts highlighting research that has made a real difference to biodiversity conservation. All posts in this category will be permanently displayed on the Classics page of ConservationBytes.com

image0032Caughley, G. (1994). Directions in conservation biology. Journal of Animal Ecology, 63, 215-244.

Cited around 800 times according to Google Scholar, this classic paper demonstrated the essential difference between the two major paradigms dominating the discipline of conservation biology: (1) the ‘declining’ population paradigm, and the (2) ‘small’ population paradigm. The declining population paradigm is the identification and management of the processes that depress the demographic rate of a species and cause its populations to decline deterministically, whereas the small population paradigm is the study of the dynamics of small populations that have declined owing to some (deterministic) perturbation and which are more susceptible to extinction via chance (stochastic) events. Put simply, the forces that drive populations into decline aren’t necessarily those that drive the final nail into a species’ coffin – we must manage for both types of processes  simultaneously , and the synergies between them, if we want to reduce the likelihood of species going extinct.

CJA Bradshaw

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