Community Research and Development Information Service - CORDIS


Final Report - BIOLAC (Toward Biodiversity Conservation, Sustainable Use and Benefit-Sharing in Latin America and the Caribbean)

Project ID: 221126
Funded under: FP7-PEOPLE


Global biodiversity loss has been identified as one of the key environmental challenges of our time. By ensuring proper functioning of ecosystems that generate a stream of goods and services that are essential to human well being, biodiversity has been identified as fundamental for the sustainability of current and future human livelihoods. Ensuring environmental sustainability is one of the 8 United Nations Millennium Development Goals. Halfway to 2015, there has been progress but overall success is still not guaranteed. At the United Nations World Summit on Sustainable Development in 2002, the articulated target was the significant reduction of biodiversity loss by 2010.

The specific objectives of BIOLAC were to:
(1) develop a protocol for assessing the contribution of biodiversity to human well-being through the provisioning of ecosystem goods and services to the LAC region;
(2) to assess ecosystem provisions in one selected case study;
(3) to derive the welfare impacts of changes in biodiversity in this case study;
(4) to identify the appropriate measures for the targeting and application of payments for ecosystem services for biodiversity; and
(5) to develop a generic toolkit for application in other case studies in the LAC.

Their report covers the various reports produced during the course of the project and finally, a toolkit which was produced to outline a roadmap for research applications to other case studies of the LAC region. The empirical analyses of the BIOLAC project can be mirrored according to the types of surveys conducted, and potential policy recommendations surrounding welfare impacts of potential private and public investments in community-based developments of biodiversity-rich areas will result.

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