Improving the potential of biodiversity offsetting to reconcile development and conservation: will good environmental outcomes counterbalance the bad? (2015–2019)
Attempts to reduce conflict between development and conservation are increasingly reliant upon environmental offsetting: generating an environmental benefit to compensate for environmental damage elsewhere. Yet whether different offset approaches can achieve their goal of 'no net loss' of biodiversity is unknown. By building simulations of the long-term biodiversity consequences (both intended and unintended) of current offset approaches, this project will test how each approach and associated sources of uncertainty influence the long-term persistence of biodiversity. It will identify limitations of biodiversity offsetting, shed new light on the most effective approaches, and help develop global standards for offsetting biodiversity loss.