biodiversity offset
noun1
A measurable conservation outcome that has been designed to compensate for negative impacts on biodiversity that cannot be avoided or minimised.
Environmental policy
- Biodiversity offsets, on the other hand, are meant to “cancel out” the damage caused to nature in one location by paying for reparations elsewhere.2024 March 19, Shreya Dasgupta, “Are biodiversity credits just another business-as-usual finance scheme?”, in Mongabay:
- The goal of biodiversity offsets is to achieve no net loss and preferably a net gain of biodiversity on the ground with respect to species composition, habitat structure, ecosystem function and people’s use and cultural values associated with biodiversity.2012 November 1, “Standard on Biodiversity Offsets”, in Forest Trends, retrieved 27 Jul 2024: