The Christian Science Monitor covers biodiversity derivatives - Greens take a cue from financiers, environmental derivatives encourage creative, proactive conservation.
Biodiversity conservation strategies should include economic costs and incentive structures. In the journal, Frontiers in Ecology and the Environment, ACS's Jamie Mandel and Josh Donlan propose one way to do so. "A derivative approach to endangered species conservation" describes how modified derivative products - biodiversity derivatives - could be designed to finance species recover efforts and align the interests of landowners and conservationists, making private interventions more likely. Such financial instruments could create markets around biodiversity conservation, providing an insurance policy against species jeopardy while also providing incentives for environmental stewardship. A copy of the paper is available here.