Advancing mitigation and offset policy to conserve biodiversity: taking stock and looking ahead post-2020

Industry and infrastructure development often conflicts with biodiversity conservation, but approaches for counterbalancing residual biodiversity losses from development are increasingly mainstream. The most prominent of these is biodiversity offsetting, which aims to achieve No Net Loss of biodiversity. The presentations and interactive discussions in this Thematic Stream Session will examine how compensatory actions can be harnessed to deliver more desirable and transparent outcomes for biodiversity and stakeholders. A crucial element of this is providing more clarity and certainty to investors, practitioners, lenders, governments and society. In this session, the challenges and complexities around No Net Loss will be distilled, and options for reconciling conservation goals with compensation will be presented.