Offsetting impacts of development on biodiversity and ecosystem services (2017–2021)
This projects aims to provide the innovation needed to reform biodiversity offsetting policies by integrating ecosystem servicesâ€¿natureâ€¿s contribution to human wellbeing. Current offsets tend to focus on achieving biodiversity goals, potentially at the expense of ecosystem services, which is a significant problem given global development pressures and the costs of eroding ecosystem services. Research on offsets and ecosystem services is fast-growing but their integration in this project is cutting-edge. Expected novel outputs include insight into how offsets impact ecosystem services; and quantified costs and benefits of integrating ecosystem services goals. Such innovation will help secure ecosystem services for long-term human wellbeing.