News & Resources
Below you will find links to articles we've written as well as to news, documents, web sites and other resources that might be of interest:
Things We've Written
- Voluntary Carbon Markets: An International Business Guide to What They Are and How They Work by Ricardo Bayon, Amanda Hawn, and Katherine Hamilton
- Conservation and Biodiversity Banking edited by Nathaniel Carroll, Jessica Fox, and Ricardo Bayon
- Banking on Biodiversity, Chapter 9 in the 2008 State of the World Report
- A Green Thumb for the Invisible Hand by Ricardo Bayon in Milken Institute Review
- Biodiversity Offsets: Views, Experiences, and the Business Case by Kerry ten Kate, Joshua Bishop, and Ricardo Bayon
- A Bull Market in Woodpeckers by Ricardo Bayon in Milken Institute Review
- Making Environmental Markets Work: Lessons from Early Experience with Sulfur, Carbon, Wetlands, and Other Markets by Ricardo Bayon
- Podcast presentation on environmental markets by Ricardo Bayon given in early 2007
Other Sites and Resources
For an excellent overview of various environmental markets, as well as the latest news from the worlds of carbon, water, and biodiversity, visit Ecosystem Marketplace. In particular, the site has an excellent set of downloadable publications on issues related to carbon and mitigation/conservation banking. And there is an excellent backgrounder on the various markets for ecosystem services emerging worldwide.
Another site that might be of interest is that for the Katoomba Group on Ecosystem Services. In particular you may want to download the following documents:
- Getting Started: An Introductory Primer to Making PES Agreements (pdf)
- Other learning tools can be found on this site
For an exhaustive analysis of the problems facing the world's ecosystems, see the Millennium Ecosystem Assessment.
If carbon and climate are your thing, see the work of the Intergovernmental Panel on Climate Change.
But if your interest is more on carbon trading, here are some good sites regarding:
- The EU Emissions Trading Scheme
- The Kyoto Protocol's Clean Development Mechanism
- The Regional Greenhouse Gas Initiative (RGGI)
- The Western Climate Initiative
- The California Climate Action Registry
- The Chicago Climate Exchange
- Overall issues of climate neutrality
If, on the other hand, you are more interested in Biodiversity markets such as the markets for wetland mitigation or conservation banking in the US, your best bet is the Ecosystem Marketplace (listed above), or else the home page of the US National Mitigation Bankers Association
An excellent book about the concept of ecosystem services is The New Economy of Nature by Gretchen Daily and Katherine Ellison.
Other useful sites:
- World Wildlife Fund Payment for Ecosystem Services
- USDA Forest Service Ecosystem Services
- Natural Capital Project
- Ducks Unlimited Ecological Services and Goods
- Wildlife Conservation Society
- The Nature Conservancy
- Conservation International
- Ceres
- Investor Network on Climate Risk
- Principles for Responsible Investment
- Business cannot function if ecosystems and the services they deliver—like water, biodiversity, fiber, food, and climate—are degraded or out of balance.
- —World Business Council for Sustainable Development
