Business applications

Here we link to examples of the uses of in business applications.

A. Identifying, mapping and managing ecosystem services for example to support IFC Performance standard 6 (Biodiversity Conservation and Sustainable Management of Living Natural Resources):
  1. To protect and conserve biodiversity. 
  2. To maintain the benefits from ecosystem services. 
  3. To promote the sustainable management of living natural resources through the  adoption of practices that integrate conservation needs and development priorities. 
The standard requires that the client:
Should consider direct and indirect project-related impacts on biodiversity and ecosystem services and identify any significant residual impacts. This process will consider relevant threats (example) to biodiversity and 
ecosystem services, especially focusing on habitat loss (example), degradation and fragmentation, invasive alien species, overexploitation, hydrological changes (examples), nutrient loading, and pollution (example). 
It will also take into account the differing values attached to biodiversity and ecosystem services by Affected Communities and, where appropriate, other stakeholders (examples). 
As a matter of priority, the client should seek to avoid impacts on biodiversity and ecosystem services. When avoidance of impacts is not possible, measures to minimize impacts and restore 
biodiversity and ecosystem services should be implemented (examples). 

Where a project is likely to adversely impact ecosystem services, as determined by the risks and impacts identification process, the client will conduct a systematic review to identify priority ecosystem services (examples). Priority ecosystem services are two-fold: (i) those services on which project operations are most likely to have an impact and, therefore, which result in adverse impacts to Affected Communities; and/or (ii) those services on which the project is directly dependent for its operations (e.g., water). When Affected Communities are likely to be impacted, they should participate in the determination of priority ecosystem services in accordance with the stakeholder engagement process as defined in Performance Standard 1 (example). 

Supply chain: Where a client is purchasing primary production (especially but not exclusively food and fiber commodities) that is known to be produced in regions where there is a risk of significant conversion 
of natural and/or critical habitats, systems and verification practices will be adopted  to evaluate its primary suppliers. The systems and verification practices will (i) identify where the supply is coming from and the habitat type of this area; (ii) provide for an ongoing review of the client’s primary supply chains; (iii) limit procurement to those suppliers that can demonstrate that they are not contributing to significant conversion of natural and/or critical habitats (this may be demonstrated by delivery of certified product, or progress towards verification or certification under a credible scheme in certain commodities and/or locations); see examples

B. For understanding the impact of current actions and tools can be used at various stages in accounting for environmental profit and loss

C. For understanding the impacts of new interventions/investments: tools can be used at various stages in the mitigation hierarchy: AVOID - MINIMISE - RESTORE - OFFSET 

D. Biodiversity offsetting - understanding equivalence and offsetting strategies

E. Integration of ecosystem services into performance standards and sustainability processes