By Michael Jones

‘Biodiversity’ at its least difficult, refers back to the number of species inhabiting Planet Earth. it really is necessary to the health of the planet. there's now a systematic consensus round the present ongoing hindrance in biodiversity bobbing up from either weather switch and human actions. specialists think we're in the course of a mass extinction of biodiversity with devastating results for our planet.

Accounting for Biodiversity

explores the necessity for corporations to actively safeguard, preserve and enhance biodiversity inside of their sphere of operation. The 14 chapters written via a specific group of specialists examine the ways that businesses are embracing their accountability via various biodiversity tasks and cutting edge versions designed to enhance the recording, reporting and valuing of biodiversity. international case stories examine biodiversity accounting in Africa, Asia, Australasia, Europe and South the USA. total, this booklet offers a entire set of reflections on accounting for biodiversity and suggestions for the long run.

This ebook is vital analyzing for all these drawn to the contribution that accounting could make to the upkeep of biodiversity. As we see expanding information of the significance of sustainability and ecological accountability in company job it truly is appropriate and will end up informative to scholars, managers, accountants and people in enterprise extra quite often. it's also vital for all these attracted to holding biodiversity.

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The matter of what safeguards should be in place to prevent a global REDD mechanism from inflicting damage to biodiversity remains a matter of controversy in the UNFCCC negotiations. These accounting difficulties are being explored and interrogated at present in the pilot REDD projects established in forested countries around the world with grant funding from the UN-REDD Programme and World Bank’s Forest Carbon Partnership Facility. These pilots are testing different approaches to the implementation of REDD mechanisms in areas with different types of tropical forest ecosystems and with different types of threats that drive those ecosystems’ destruction.

Thus the facticity of LIBOR – its status as a true representation of the position of the market – was widely called into question and became a matter of controversy. Suddenly, outsiders – market actors not directly involved in LIBOR’s production – were keen to open the lid of the LIBOR black-box to see how the rate had been constructed, and then to demand changes to that construction in order to restore faith in LIBOR’s facticity. Similarly, MacKenzie’s (2009a) analysis of the Clean Development Mechanism (CDM) found black-box mechanisms produced the facts upon which market actors relied in their interactions with each other.

Phase 1 covered only the Rukinga Sanctuary, which is owned directly by Wildlife Works. To finance the setting up of the project, Wildlife Works Carbon LLC entered into an agreement with a banking group based in South Africa called Nedbank. Nedbank position themselves as innovators in developing Africa’s green economy. They invite their clients to “Improve your profitability the green way” (Nedbank, 2012b) as well as declaring that “You too can make things happen for the environment and climate change by simply banking with us” (Nedbank, 2012c).

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Accounting for Biodiversity by Michael Jones


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