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 and wellbeing of the planet. there's now a systematic consensus round the present ongoing problem in biodiversity coming 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 defend, preserve and enhance biodiversity inside of their sphere of operation. The 14 chapters written by means of a particular staff of specialists examine the ways that businesses are embracing their accountability via a number of biodiversity projects and cutting edge types designed to enhance the recording, reporting and valuing of biodiversity. worldwide case stories examine biodiversity accounting in Africa, Asia, Australasia, Europe and South the United States. total, this publication presents a complete set of reflections on accounting for biodiversity and suggestions for the long run.
This e-book is vital studying for all these attracted to the contribution that accounting could make to the maintenance of biodiversity. As we see expanding wisdom of the significance of sustainability and ecological accountability in enterprise job it really is correct and may turn out informative to scholars, managers, accountants and people in company extra in most cases. it's also vital for all these attracted to preserving biodiversity.
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Additional info for Accounting for Biodiversity
E. a settlement); . cloud or shadow; . non-forest; and . forest. However, the analyst must draw a distinction between natural grassland (which has not been deforested and so for these purposes counts as forest), and anthropogenically deforested land. This distinction needs to be made by studying the context of the land in which the sample point falls: When classifying the points in the grids it is very important to evaluate the area around each point to get a clear understanding of the land cover features and classification type, not just the area directly under the point.
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. 710 6. Conclusions The case study presented in this paper has shown how a small scale project has brought the conservation of the biodiversity of the Kasigau Corridor tropical forest ecosystem into financial accounting calculation by constructing a calculable good on the OTC carbon markets derived from that conservation.
Phase 2 of the project covered the remainder of the Kasigau Corridor and required Wildlife Works Carbon LLC to enter into carbon easement agreements with 13 Indigenous Community Ownership Groups. Each of these groups had been granted legal title to their land by the Kenyan government after independence from the British in 1963. Altogether, these groups are comprised of some 3000 Kenyan shareholders (Wildlife Works, 2010c). Carbon accounting The project’s “baseline scenario” is the calculation of the annual GHG emissions that would occur if deforestation was allowed to take place in the project area without any intervention from Wildlife Works (it is also referred to as the “without project” scenario).