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The Habitat Bank of Finland, originating in a Helsinki Challenge awarded idea "Biodiversity NOW!", is an umbrella project analysing, developing and piloting the principles of ecological compensation in practice.
The project aims to provide science based understanding and guidelines for a new market-based mechanism for biodiversity conservation, to complement the existing policy instrument mix. The new mechanism is urgently needed, as the existing instruments have not halted biodiversity loss.
More information on the research consortium can be found at the Habitat Bank.
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In collaboration with business, administration and NGO's the interdisciplinary team of the Habitat Bank is developing and testing the mechanism. The experts of natural science, social science, economics and law will explore and analyse the feasibility of different features of the ecological compensation mechanism together with practitioners.
Part of the project is to explore the need for an intermediary between actors demanding and supplying ecological compensations. In addition, the Habitat Bank project will develop the methodology and metrics to measure biodiversity loss and compensations.
More information:
Professor Markku Ollikainen, University of Helsinki, tel. +358 294 158 065, firstname.lastname@helsinki.fi
Researcher Minna Pekkonen, Finnish Environment Insitute SYKE, tel. +358 295 251 779, firstname.lastname@syke.fi
Research Professor Eeva Primmer, Finnish Environment Insitute SYKE, tel. +358 295 251 521, firstname.lastname@syke.fi
Professor of Ecology Janne Kotiaho, University of Jyväskylä, tel. + 358 50 5946881, firstname.lastname@jyu.fi
Project Manager Saija Kuusela, Finnish Environment Institute SYKE, tel. +358 295 251 647, firstname.lastname@syke.fi
Senior Specialist Olli Ojala, Ministry of the Environment, tel. +358 295 251 476, firstname.lastname@ym.fi
The Habitat Bank of Finland on Twitter https://twitter.com/nowbiodiversity and Facebook https://www.facebook.com/NOWbiodiversity/
Check the following interviews we made during the Helsinki Challenge competition:
For information in Finnish, lisätietoa suomeksi: Suomen habitaattipankki