000009279 001__ 9279
000009279 041__ $$aEnglish
000009279 100__ $$aPhelps, J.
000009279 245__ $$aRisky business: An uncertain future for biodiversity conservation finance through REDD+
000009279 260__ $$c2011
000009279 300__ $$a88-94
000009279 520__ $$aReducing Emissions from Deforestation and forest Degradation and through the conservation, sustainable management, and enhancement of carbon stocks (REDD+) offers unprecedented potential funding for forest conservation and associated biodiversity. However, as a growing number of biodiversity conservation projects link with carbon emissions mitigation efforts, they might also be exposed to significant financial risks. REDD+ projects currently face uncertainty over future demand for carbon credits, the potential for inconsistent donor support in the long-term, carbon market volatility, investor preference for low-cost emissions mitigation over cobenefits, and the possibility of a short-lived REDD+ mechanism. The private sector is aware of the associated financial risks, which remain largely unaddressed within the conservation literature. Biodiversity conservationists need to identify a balance between maximizing near-term REDD+ opportunities and insulating themselves from long-term financial risks. We describe some of the prospective financial risks for biodiversity conservation efforts linked with REDD+, and propose initial strategies for financial resilience.
000009279 650__ $$aForests and forestry
000009279 650__ $$aREDD
000009279 700__ $$aWebb, E. L.
000009279 700__ $$aKoh, L. P.
000009279 773__ $$pConservation Letters
000009279 773__ $$v4 (2)
000009279 773__ $$a10.1111/j.1755-263X.2010.00155.x
000009279 8564_ $$uhttp://dx.doi.org/10.1111/j.1755-263X.2010.00155.x$$yExternal link
000009279 980__ $$aARTICLE