Guidelines for selecting an appropriate currency in biodiversity offset transactions.

When designing biodiversity offset transactions, selecting the appropriate currency for measuring losses and gains to biodiversity is crucial. Poorly designed currencies reduce the likelihood that the proposed offset will sufficiently compensate for the development impact on the affected biota. We present a framework for identifying appropriate offset currencies for terrestrial biodiversity features, either vegetation communities or particular species. The guidelines were developed based on a review of issues and solutions presented in the existing literature, including government policies and guidance. We assert that while benchmark-based condition scores provide a suitable offset transaction currency for vegetation communities, this approach is also commonly applied to individual species based on the often-unproven assumption that vegetation quality is a proxy for the value of a site to that species. We argue that species are better served by species-specific currencies based on either species abundance, or the suitability and amount of the habitat available. For species where it is practical and meaningful to measure the abundance on site, an abundance-based currency using either directly observable or proxy indicators is the most representative measure of the net impact on the species. In other instances, such as when species are difficult to locate, or not reliably present on site, a currency based on the quality and amount of habitat is preferable. The habitat-quality component should be measured relative to its value for the species, with the most important attributes weighted accordingly. Ensuring the currency used in biodiversity offset transactions is practical to measure, and relevant to the species or vegetation community is an important step in minimising the net biodiversity losses from unavoidable impacts.

The global impact of wild pigs (Sus scrofa) on terrestrial biodiversity.

The International Union for the Conservation of Nature's (IUCN) Red List of Threatened Species is a comprehensive database of over 120,000 species and is a powerful tool to evaluate the threat of invasive species to global biodiversity. Several problematic species have gained global recognition due to comprehensive threat assessments quantifying the threat these species pose to biodiversity using large datasets like the IUCN Red List of Threatened Species. However, the global threat of wild pigs (Sus scrofa) to biodiversity is still poorly understood despite well-documented ecosystem level impacts. In this study, we utilized the IUCN Red List to quantify the impacts of this globally distributed species throughout its native and non-native range. Here we show that wild pigs threaten 672 taxa in 54 different countries across the globe. Most of these taxa are listed as critically endangered or endangered and 14 species have been driven to extinction as a direct result of impacts from wild pigs. Our results show that threats from wild pigs are pervasive across taxonomic groups and that island endemics and taxa throughout the non-native range of wild pigs are particularly vulnerable.

Predicted growth in plastic waste exceeds efforts to mitigate plastic pollution.

Plastic pollution is a planetary threat, affecting nearly every marine and freshwater ecosystem globally. In response, multilevel mitigation strategies are being adopted but with a lack of quantitative assessment of how such strategies reduce plastic emissions. We assessed the impact of three broad management strategies, plastic waste reduction, waste management, and environmental recovery, at different levels of effort to estimate plastic emissions to 2030 for 173 countries. We estimate that 19 to 23 million metric tons, or 11%, of plastic waste generated globally in 2016 entered aquatic ecosystems. Considering the ambitious commitments currently set by governments, annual emissions may reach up to 53 million metric tons per year by 2030. To reduce emissions to a level well below this prediction, extraordinary efforts to transform the global plastics economy are needed.

Standardized reporting of the costs of management interventions for biodiversity conservation.

Effective conservation management interventions must combat threats and deliver benefits at costs that can be achieved within limited budgets. Considerable effort has focused on measuring the potential benefits of conservation interventions, but explicit quantification of the financial costs of implementation is rare. Even when costs have been quantified, haphazard and inconsistent reporting means published values are difficult to interpret. This reporting deficiency hinders progress toward a collective understanding of the financial costs of management interventions across projects and thus limits the ability to identify efficient solutions to conservation problems or attract adequate funding. We devised a standardized approach to describing financial costs reported for conservation interventions. The standards call for researchers and practitioners to describe the objective and outcome, context and methods, and scale of costed interventions, and to state which categories of costs are included and the currency and date for reported costs. These standards aim to provide enough contextual information that readers and future users can interpret the cost data appropriately. We suggest these standards be adopted by major conservation organizations, conservation science institutions, and journals so that cost reporting is comparable among studies. This would support shared learning and enhance the ability to identify and perform cost-effective conservation.

Minimizing species extinctions through strategic planning for conservation fencing.

Conservation fences are an increasingly common management action, particularly for species threatened by invasive predators. However, unlike many conservation actions, fence networks are expanding in an unsystematic manner, generally as a reaction to local funding opportunities or threats. We conducted a gap analysis of Australia's large predator-exclusion fence network by examining translocation of Australian mammals relative to their extinction risk. To address gaps identified in species representation, we devised a systematic prioritization method for expanding the conservation fence network that explicitly incorporated population viability analysis and minimized expected species' extinctions. The approach was applied to New South Wales, Australia, where the state government intends to expand the existing conservation fence network. Existing protection of species in fenced areas was highly uneven; 67% of predator-sensitive species were unrepresented in the fence network. Our systematic prioritization yielded substantial efficiencies in that it reduced expected number of species extinctions up to 17 times more effectively than ad hoc approaches. The outcome illustrates the importance of governance in coordinating management action when multiple projects have similar objectives and rely on systematic methods rather than expanding networks opportunistically.