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Article Dans Une Revue Proceedings of the National Academy of Sciences of the United States of America Année : 2022

Financing conservation by valuing carbon services produced by wild animals

Ralph Chami
  • Fonction : Auteur
Thomas Cosimano
  • Fonction : Auteur
Connel Fullenkamp D Edited
  • Fonction : Auteur
Geoffrey Heal
  • Fonction : Auteur

Résumé

Significance The involvement of financial markets is critical to deliver effective and long-lasting solutions to mitigate climate change and reverse biodiversity loss. However, financial markets have not invested in ecosystem services because these are often valued based on non-market prices, which deter investments. Based on existing carbon market prices, we value the carbon services produced by forest elephants and show that wild animals’ carbon services are valuable enough to attract investors. This framework would facilitate financing of conservation programs and local communities and broaden the portfolio of nature-based solutions to mitigate climate change.
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Dates et versions

hal-04624445 , version 1 (25-06-2024)

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Fabio Berzaghi, Ralph Chami, Thomas Cosimano, Connel Fullenkamp D Edited, Geoffrey Heal. Financing conservation by valuing carbon services produced by wild animals. Proceedings of the National Academy of Sciences of the United States of America, 2022, 119 (22), ⟨10.1073/pnas.2120426119/-/DCSupplemental.⟩. ⟨hal-04624445⟩
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