Biodiversity Offsets and BBOP
If you enter “biodiversity offsets” in Google the first results that you obtain are from the Business and Biodiversity Offset Program (BBOP). The BBOP platform (pronounced “beebop”) is in place since 2004 and has recently celebrated its 10th anniversary. It has engaged business, NGOs, administration and academia in developing quality standards and pilots for biodiversity offsets worldwide.
It is always worth to check the website at http://bbop.forest-trends.org/pages/biodiversity_offsets and especially the library section at http://bbop.forest-trends.org/documents/.
This is what BBOP says about themselves:
The Business and Biodiversity Offsets Programme (BBOP) is a collaborationof more than 75 leading organizations and individuals including companies, financial institutions, government agencies and civil society organizations, who are members of its Advisory Group. Together, the members are testing and developing best practice on biodiversity offsets and conservation banking worldwide.
The BBOP partners wish to show, through experience in a range of industry sectors, that biodiversity offsets can help achieve significantly more, better and more cost-effective conservation outcomes than normally occurs in infrastructure development. The BBOP partners believe that demonstrating no net loss of biodiversity can help companies secure their license to operate, better manage their costs and liabilities, and improve outcomes for affected communities.
We have developed a set of principles and methodologies informed by the on-the-ground experiences of our business partners to help developers demonstrate no net loss of biodiversity. In January 2012 BBOP released its Standard on Biodiversity Offsets which can be used by companies and auditors to assess risk and determine whether an offset has been designed and subsequently implemented in accordance with international best practice, as described in the BBOP Principles.
BBOP’s goals include:
- To provide a global forum for collective learning, the dissemination of best practice on the application of the mitigation hierarchy, including biodiversity offsets, and the sharing of experience.
- To assist developers in following the mitigation hierarchy, including designing and implementing offsets that produce measurable conservation outcomes in the widest range of countries and sectors possible.
- To improve biodiversity offset methods informed by practical experience and research.
- To promote development and adoption of biodiversity offset standards and methods for verification.
In our current phase of work we aim to: refine the Standard on Biodiversity Offsets based on feedback from practical experience; establish work towards a governance model for the Standard; and coordinate a “Community of Practice”, enabling individuals around the world (beyond BBOP members) to learn from each others’ experience with biodiversity offsets, share ideas and experience, and access training through webinars and conferences.