biodiversity offset

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English

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Noun

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biodiversity offset (plural biodiversity offsets)

  1. (environmental policy) A measurable conservation outcome that has been designed to compensate for negative impacts on biodiversity that cannot be avoided or minimised.
    • 2024 March 19, Shreya Dasgupta, “Are biodiversity credits just another business-as-usual finance scheme?”, in Mongabay[1]:
      Biodiversity offsets, on the other hand, are meant to “cancel out” the damage caused to nature in one location by paying for reparations elsewhere.
    • 2012 November 1, “Standard on Biodiversity Offsets”, in Forest Trends[2], retrieved 2024-07-27:
      The goal of biodiversity offsets is to achieve no net loss and preferably a net gain of biodiversity on the ground with respect to species composition, habitat structure, ecosystem function and people’s use and cultural values associated with biodiversity.

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