Citola Blog
Global Biodiversity Market Size
The global biodiversity market is fragmented and has historically been driven by pure environmental motives and not-for-profit organisations.
Not anymore.
Ecosystem Marketplace has estimated that the global market for biodiversity is between US $1.8 - $2.9 Billion annually and likely to be much greater (80% of current programs are not transparent) with at least 86,000 hectares of land being protected per year.
The research finds 39 existing compensatory conservation programs around the world, ranging from programs with active mitigation banking of biodiversity offsets to programs monitoring development impact fees to policies that drive development impact offsetting, with 25 additional programs in various stages of development.
Biodiversity conservation is now transitioning into the mainstream where businesses realise that optimising triple-bottom outcomes (economic, environmental, social) creates a more powerful and commercial proposition.
As was recently reported in Time Magazine, Dow Chemical in the US has announced a five-year, $10 million program to move towards accounting for the ecosystem costs and benefits of every business decision. That is, making environmental factors part of its profit-and-loss statements.
"Our planet's natural resources are more and more under threat," says Dow CEO Andrew Liveris. "But protecting nature can be a profitable corporate priority and a smart global business strategy."
Citola has pioneered a unique ‘product’ strategy for ecosystem assets and continues to refine products that enable clients to focus on their core-business while meeting environmental compliance obligations. See Citola – Environmental Prodocuts
Post new comment