eprintid: 21716 rev_number: 22 eprint_status: archive userid: 1745 dir: disk0/00/02/17/16 datestamp: 2016-05-25 09:26:12 lastmod: 2021-10-27 13:36:51 status_changed: 2017-05-23 14:26:39 type: article metadata_visibility: show creators_name: Froger, Géraldine creators_name: Lapeyre, Renaud creators_name: Hrabanski, Marie creators_id: geraldine.froger@ut-capitole.fr creators_id: creators_id: creators_idrefppn: 066848326 creators_idrefppn: 123961955 creators_idrefppn: 121082806 title: Biodiversity offsets as market-based instruments for ecosystem services ? From discourses to practices ispublished: pub subjects: subjects_ECO abstract: Building on the analytical frameworks of policy arrangements and new institutional economics, this article introduces the special issue on biodiversity offsets as market-based instruments (MBIs) for ecosystem services, deconstructing discourses and exploring practices on the ground. The idea of compensating environmental damages from development emerged in the 1970s in the USA and Europe. From the beginning of the century, as the international community became increasingly interested in MBIs as allegedly efficient mechanisms for environmental management, MBIs have rapidly gained traction within the biodiversity compensation policy arena. Terms of compensatory mitigation, biodiversity offsets, mitigation banking, habitat banking, species banking, wetlands mitigation, etc., have therefore widely spread as policy tools around the globe. In this context, academics, practitioners and decision-makers have most often characterized those schemes theoretically as an MBI and frequently grouped them all under the umbrella term of ‘biodiversity offsets’. Building on contributions from the special issue, this article contends that biodiversity offset programs are on the contrary mainly characterized as a variety of different heterogeneous policy and institutional arrangements with limited features of market governance. Furthermore, hybrid structures, through long-term bilateral agreements with specific assets and between parties whose identity is crucial, are the rule rather than the exception. date: 2014-12-04 date_type: published publisher: Elsevier id_number: 10.1016/j.ecoser.2014.10.010 faculty: iep divisions: LEREPS keywords: Biodiversity offsets keywords: Policy arrangements keywords: New institutional economics keywords: Transaction costs keywords: Market governance keywords: Hybrid governance language: en has_fulltext: TRUE view_date_year: 2014 full_text_status: restricted publication: Ecosystem Services volume: 15 pagerange: 125-133 refereed: TRUE issn: 2212-0416 harvester_local_overwrite: creators_idrefppn site: iep citation: Froger, Géraldine , Lapeyre, Renaud and Hrabanski, Marie (2014) Biodiversity offsets as market-based instruments for ecosystem services ? From discourses to practices. Ecosystem Services, 15. pp. 125-133. document_url: https://publications.ut-capitole.fr/id/eprint/21716/1/Froger_21716.pdf