Equator Initiative brings together United Nations, governments, civil society, businesses and grassroots organizations to recognize and advance local sustainable development solutions for people, nature and resilient communities.
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Integrating local residents – especially poor households, indigenous communities and women – into the protected area economies of the developing world via concessions compensates for losses, alleviates poverty, drives local economic development and builds conservation incentives. Integrating locals is important not only as a principle of natural justice but also on pragmatic grounds.
Biodiversity offsets offer a promising option for promoting the conservation and sustainable management of natural ecosystems on an expanded scale. In an era of often flat--and sometimes declining--governmental support for conservation in general and protected areas in particular, biodiversity offsets can provide an underutilized opportunity to mobilize substantial new funding. This funding can come from public infrastructure accounts (such as for dams and roads) as well as from the private sector (including extractive industries).