Nicolas Pascal, of the BlueFinance project, a data collection initiative aimed at developing finance mechanisms for marine conservation management, says market mechanisms have potential to fill a big part of a funding gap that exists in marine conservation. But its practical experience in coastal environments is limited and so more know-how is needed to spur private investment.
The city of Lima made headlines around the world when it announced it was funneling some of its water fees into a program to restore pre-Incan structures that capture excess rainwater in the rainy season and redirect into the mountain, so that it's available in the dry season. That program, however, is just a small part of a massive green infrastructure program that could serve as a model for cities around the world.
Water brings life, but torrential downpours bring sludge and sewage overflow – contributing pollution around the world. In the United States, the Environmental Protection Agency is under pressure to regulate more aggressively, but, increasingly, NGOs and local authorities are moving ahead with cost-effective stormwater management plans of their own.
The world is overwhelmed by water stress and scarcity and sustainable water management in many forms is an absolute necessity. The good news is water practitioners are developing innovative solutions to water challenges that will be shared this week during the multi-sector, high level and collaborative World Water Forum.
Five years ago, Denver teamed up with the US Forest Service to funnel money it collects from water fees into forest restoration that will protect the city's water supply. Ecosystem Marketplace covered the program's launch in 2010 and checked back in for World Water Day to find the partnership is making significant progress treating more forestland at a lower than expected cost.
Louisiana’s disappearing coastlines are propelling renewed efforts to preserve the areas that can be saved before it’s too late. A new study finds the carbon markets could potentially contribute up to $1.6 billion toward this effort, if the offsets generated by wetlands restoration projects are eventually welcomed into the compliance markets.
Science tells us that healthy forests make healthy rivers and lakes, but policy rarely reflects the connection. That could be changing as the general public comes to better understand the role that deforestation plays in climate change – an understanding that could ratchet up an appreciation of all the ecosystem services that forests deliver.
The Electric Power Research Institute (ERPI) moves its water quality trading program in the Ohio River Basin into a new stage with the upcoming public auction of stewardships generated during the first three years of the project. Also, a new framework on catchment-based management for the mining industry offers sector-specific guidance.
As Louisiana's wetlands and mangroves retreat, the low-lying state becomes more and more susceptible to hurricanes and other coastal disruptions. Fortunately, mangrove forests also pull massive amounts of carbon out of the atmosphere and store it in the ocean floor. A new study says that carbon finance could provide up to $1.6 billion for wetland restoration in that state.
As it stands, some companies take environmental issues and sustainability seriously but the majority don't. Here, Ivo Mulder, the REDD+ Green Economy Advisor for UNEP (United Nations Environment Programme), argues how quantifying environmental risks in monetary terms may be necessary to convince the bulk of corporations to follow suit.
The Electric Power Research Institute (EPRI) is holding a public auction to sell the stewardship credits generated during the Ohio River Basin Water Quality Trading Project's pilot phase. While success isn't certain, developers of the historic project are sure significant lessons will be learned in terms of moving forward with water quality trading.
The main objective of microfinance is to alleviate poverty which is why the socio-economic benefits of payments for ecosystem services projects imply the potential of collaboration between the two sectors. And speaking of poverty alleviation, Bolivia has developed a conservation mechanism it says helps the poor while hurting the deforester.
Watershed Connect is an information platform to help scale up practice and policy that maximizes the economic and ecological benefits of healthy watersheds - from ridges to reefs.