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Enhancing Conservation,Ecosystem Services,and Local Livelihoods through a Wildlife Premium Mechanism
Authors:Eric Dinerstein  Keshav Varma  Eric Wikramanayake  George Powell  Susan Lumpkin  Robin Naidoo  Mike Korchinsky  Christian Del Valle  Shubash Lohani  John Seidensticker  Dirk Joldersma  Thomas Lovejoy  Andrey Kushlin
Institution:1. Conservation Science Program, World Wildlife Fund‐US, , NW, Washington, DC, 20037 U.S.A.;2. Global Tiger Initiative, World Bank Group, , NW Washington, DC, 20433 U.S.A.;3. Eastern Himalayas Program, World Wildlife Fund‐ US, , Washington, DC, 20037 U.S.A.;4. Wildlife Works Carbon, , Mill Valley, CA, 94941 U.S.A.;5. Althelia Climate Fund – 5, rue Guillaume Kroll, , Luxembourg;6. Smithsonian Conservation Biology Institute, National Zoological Park, , Washington, DC, 20008 U.S.A.;7. Macroeconomics and Policy Program, World Wildlife Fund, , Washington, DC, 20037 U.S.A.;8. Environmental Science and Policy Program, George Mason University, , Fairfax, VA, 22030 U.S.A.;9. The Heinz Center for Science, Economics, and Environment, , Washington, DC, 20004 U.S.A.
Abstract:We propose the wildlife premium mechanism as an innovation to conserve endangered large vertebrates. The performance‐based payment scheme would allow stakeholders in lower‐income countries to generate revenue by recovering and maintaining threatened fauna that can also serve as umbrella species (i.e., species whose protection benefits other species with which they co‐occur). There are 3 possible options for applying the premium: option 1, embed premiums in a carbon payment; option 2, link premiums to a related carbon payment, but as independent and legally separate transactions; option 3, link premiums to noncarbon payments for conserving ecosystem services (PES). Each option presents advantages, such as incentive payments to improve livelihoods of rural poor who reside in or near areas harboring umbrella species, and challenges, such as the establishment of a subnational carbon credit scheme. In Kenya, Peru, and Nepal pilot premium projects are now underway or being finalized that largely follow option 1. The Kasigau (Kenya) project is the first voluntary carbon credit project to win approval from the 2 leading groups sanctioning such protocols and has already sold carbon credits totaling over $1.2 million since June 2011. A portion of the earnings is divided among community landowners and projects that support community members and has added over 350 jobs to the local economy. All 3 projects involve extensive community management because they occur on lands where locals hold the title or have a long‐term lease from the government. The monitoring, reporting, and verification required to make premium payments credible to investors include transparent methods for collecting data on key indices by trained community members and verification of their reporting by a biologist. A wildlife premium readiness fund would enable expansion of pilot programs needed to test options beyond those presented here. Mejora de la Conservación, Servicios del Ecosistema y Calidad de Vida Local Mediante un Mecanismo de Compensación de Vida Silvestre
Keywords:community based conservation  landscape conservation  large mammals  PES  REDD –  Reduction of Emissions for Deforestation and Degradation  species conservation  sustainable financing for conservation  wildlife premium mechanism  Conservació  n de especies  conservació  n basada en comunidades  conservació  n del paisaje  financiació  n sostenible para la conservació  n  Reducció  n de Emisiones por Deforestació  n y Degradació  n  mamí  feros mayores  mecanismo de primas para la fauna  Pago por Servicios Ambientales
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