Talk at CES on 17 February 2016 at 4:00 pm titled "Biodiversity in good company? The international development of biodiversity offsets and some preliminary comments about India" by Sarah Benabou from The French Institute of Research for Development (IRD)
The focus of this talk will be on the international development of voluntary biodiversity offsets, a conservation instrument that permits developers to pursue their activities if conservation actions are undertaken elsewhere to compensate for the environmental impacts of their projects. Largely undertaken by extractive industries that operate in the global South where no offsetting regulations exist, this tool is currently attracting growing interest from policy makers, private companies, financial institutions and conservation experts. I will explore in what contexts and through what processes this idea has gathered momentum, as well as the disturbing gap between the way it has been framed and its practical implementation. I will conclude with some preliminary comments on the (very early stage of the) development of biodiversity offsets in India, and how this topic could become a fruitful research project in the near future.