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The World Bank

An aerial view of Managua, Nicaragua. Credit: Juan Pablo Moreiras.
Written by: Pippa Howard
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The World Bank Group has acknowledged Fauna & Flora International’s (FFI) leadership role in extractive sector environmental management, biodiversity risk assessment and biodiversity offset design, management and implementation.

The World Bank Group is made up of five institutions that work together to reduce poverty around the world. These include the International Finance Corporation (IFC), the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).

Together the IBRD and IDA form the World Bank, a partnership that supports development and poverty reduction by providing financial and technical assistance to developing countries worldwide.

Our engagement with the World Bank and IFC, through a series of discussions, presentations and event participation, has helped to advance thinking about how the application of the mitigation hierarchy (to avoid, reduce, restore and – if necessary – offset negative impacts) and the use of biodiversity offsets to mitigate residual project-related impacts can help achieve conservation outcomes across landscapes that fit with national conservation priorities.

Some ecosystems require careful consideration in development planning or are best left untouched. Credit: Jeremy Holden/FFI.

Some ecosystems require careful consideration in development planning or are best left untouched. Credit: Jeremy Holden/FFI.

Working with the World Bank and the Colombian government

In Columbia the Ministry of the Environment has mandated their proposal for compensation for loss of biodiversity. The protocol will ensure that delicate ecosystems and environmental areas are either left untouched by developers, or are properly replaced and compensated for.

FFI is working closely with the World Bank to assist the ministry with developing their policies and practices on biodiversity offsets and to implement this proposal.

Written by
Pippa Howard

Pippa Howard is the Director of the Business & Biodiversity Programme. Pippa has degrees in Environmental Science, Marine Biology, Zoology and Development Management. She is a registered Professional Natural Scientist with over 20 years experience in a variety of spheres of biodiversity conservation, environmental management, impact assessment, development and sustainability. She has worked on projects in the UK, Ireland, South Africa, Namibia, Zimbabwe, Brazil, Ecuador, Alaska, Italy, Brazil, Indonesia, Liberia, Guinea, Chile, Spain, Bulgaria, Sultanate of Oman, Indonesia and Singapore. Pippa directs and is responsible for FFI's initiatives and partnerships with multinational corporations and all corporate affairs. She plays a key role in developing business and biodiversity strategy, business plans and financial management; provides specialist input to cross-sector partnerships and multidisciplinary programmes in biodiversity conservation; is a specialist in extractives sector environmental management, biodiversity risk assessment, action planning and management and biodiversity offsets design, management and implementation. Pippa also sits on a number of sectoral initiatives (BBOP, ICMM, GRI, IPIECA) and biodiversity advisory committees of extractive sector companies (De Beers, Rio Tinto, Nexen, Areva).

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