BBOP: Business and Biodiversity Offset Program
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The Business and Biodiversity Offset Program (BBOP) is a partnership between companies, governments and conservation experts to explore biodiversity offsets.

BBOP envisages a future in which biodiversity offsets are globally applied to achieve no net loss and preferably a net gain of biodiversity relative to development impacts.

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Dear BBOP Learning Network members, 


This brief Newsletter is designed to alert you to some recent BBOP outcomes and events, and to draw attention to a ‘Request For Proposals’ for which some of you may wish to tender.  The RFP has a deadline of 17 July 2009.


Contents:


Results of BBOP Phase 1:

We’re pleased to announce that all the BBOP Phase 1 publications are now available at: http://bbop.forest-trends.org/guidelines/index.php  On this page, you will find the BBOP Principles, an Overview document, Interim Guidance (Handbooks on Biodiversity Offset Design, Cost-Benefit Analysis and Implementation), Resource Papers (on offsets, impact assessment and stakeholder participation and a Glossary) and Case Studies (from the BBOP pilot projects and other offset and compensatory conservation experiences).

Many thanks to those of you who commented on draft consultation versions of these documents.  Your suggestions undoubtedly strengthened these Phase 1 publications.

 
Results of BBOP 7 meeting in Paris:

BBOP held its seventh programme meeting in Paris from 29 June to 2 July, wrapped up the first four years of BBOP’s life, and embarked on an ambitious second phase.  The meeting started with a day’s workshop on conservation banking and aggregated offsets.  The presentations from this meeting will shortly be posted on: http://bbop.forest-trends.org/ln_meetings.php.
 
On 30 June, participants adopted a new governance model for BBOP, which includes an Executive Committee (ExComm) of the members of the BBOP Advisory Group, with decision-making responsibility.  

The ExComm will prepare a document summarizing the outcomes of the Paris meeting and describing BBOP’s new governance model, and this will be posted on the BBOP website.  

On 1 and 2 July, participants discussed BBOP’s priority areas of work from now until the end of 2011.  These include:

  • assurance of the quality of biodiversity offsets;
  • developing a broader portfolio of biodiversity offset experiences;
  • preparing better guidelines on biodiversity offset design and implementation; 
  • working at the national level in a number of countries to support policy-makers in the field of  biodiversity offsets, landscape-level and regional planning; 
  • aggregated offsets and conservation banking; 
  • training and capacity building; and
  • communications.

A number of Working Groups will be established to help make progress on these topics, and the BBOP Advisory Group will be looking for ways to share ideas and information with members of the Learning Network.

 
UNEP-FI/BBOP Request for Proposals: Biodiversity offsets, the mitigation hierarchy and conditions for credit: a review of the business case, loan conditions and current practice in financial institutions.

Many development and commercial banks have adopted performance standards or requirements which oblige clients to seek to avoid and minimise harm caused to biodiversity by development projects, and finally to compensate for, or offset, residual impacts. The UNEP Finance Initiative (www.unepfi.org) and BBOP are commissioning a study to analyse more systematically current practice in the financial sector with respect to the mitigation hierarchy and biodiversity offsets. The Request for Proposals (RFP) can be found on the following link:
http://www.unepfi.org/fileadmin/communications/RFPBiodiversityOffsets.pdf

The deadline for individuals interested in undertaking this research project to submit their proposal is 17 July 2009.  Please send the proposals NOT TO BBOP but to: Susan Steinhagen at UNEP-FI: susan.steinhagen@unep.ch.  We’re delighted to be collaborating with UNEP-FI on this interesting project.


 

- The BBOP Secretariat Team
(Kerry ten Kate, Ray Victurine, Patrick Maguire, Tommie Herbert )


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