Offsetting effects of development on biodiversity and ecosystem services

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This project aims to reform biodiversity offsetting policies by integrating ecosystem services—nature’s contribution to human wellbeing. Current offsets tend to focus on achieving biodiversity goals, potentially at the expense of ecosystem services, a significant problem given global development pressures and the costs of eroding ecosystem services. Expected outputs include understanding how offsets affect ecosystem services; and quantified costs and benefits of integrating ecosystem services goals. Such innovation could help secure ecosystem services for long-term human wellbeing.