Accounting for Biodiversity by Michael Jones

By Michael Jones

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

Accounting for Biodiversity

explores the necessity for corporations to actively safeguard, preserve and increase biodiversity inside of their sphere of operation. The 14 chapters written by way of a specific group of specialists examine the ways that businesses are embracing their accountability via a number of biodiversity projects and cutting edge versions designed to enhance the recording, reporting and valuing of biodiversity. worldwide case stories examine biodiversity accounting in Africa, Asia, Australasia, Europe and South the US. total, this publication presents a entire set of reflections on accounting for biodiversity and suggestions for the longer term.

This e-book is vital interpreting for all these drawn to the contribution that accounting could make to the renovation of biodiversity. As we see expanding know-how of the significance of sustainability and ecological accountability in enterprise task it really is appropriate and may end up informative to scholars, managers, accountants and people in enterprise extra more often than not. it's also vital for all these attracted to preserving biodiversity.

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Of these revenues, generated from the Wildlife Works REDD project, approximately one third will go to the Indigenous Community Ownership Groups to fulfil the carbon easement agreements. In addition, the revenues help to finance the employment of local people as rangers (a recruitment drive as part of the implementation of phase 2 of the project saw Tropical forest biodiversity conservation 707 AAAJ 26,5 708 ranger numbers increase about 200 per cent to 75 in March 2012), Ecofactory workers (in 2011, a second Ecofactory building was constructed resulting in a near doubling of the number of Ecofactory employees to 28 people in March 2012), and other jobs (in March 2012 Wildlife Works employed 186 people).

They are deeply political. The calculative mechanisms that are eventually agreed upon – the calculations contained Tropical forest biodiversity conservation 709 AAAJ 26,5 within the black boxes that will comprise the REDD market – have the potential to affect the transfer of vast sums of wealth from rich industrialised countries to poorer forested countries. Whilst the case of the Kasigau Corridor REDD project has illustrated some important aspects of the market construction approach to bringing tropical forest biodiversity conservation into financial accounting, further investigation by accounting researchers, into the ongoing controversies discussed here, is clearly required.

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. These experiments in market construction (Callon, 2009) are shaping the discourse of the UNFCCC negotiations. Just as with any act of market construction, however, the technical details are not merely problems purely for scientists or for accountants. They are deeply political.

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