Biodiversity markets are still a developing idea in Europe. Only one country, Germany, has a well-developed formal system for compensating for damage to biodiversity, and this is largely run by the public sector, although it is developing more market features and involving private operators. Elsewhere in Europe activity is limited to some specific offset requirements either for protected areas, or under planning laws. However, offsets have been undertaken through commercial contracts, and interest in using market-based instruments for biodiversity compensation is growing, particularly in the UK.
|Number of Active Programs: 4
List of Active Programs: Environmental Liability Directive (EU), Environmental Offsets (Sweden), Pilot Biodiversity Bank (France), Impact Mitigation Regulations (Germany)
|Number of Programs in Development: 1
List of Programs in Development: Biodiversity Offsets (UK)