![]() ![]() ![]() ![]() Using a range of methods, including extensive robustness checks exploring 116 alternative model specifications, we show that the offsets are on track to avert as much deforestation as was caused by the mine. As part of their efforts to mitigate biodiversity loss, Ambatovy compensate for forest clearance at the mine site by slowing deforestation driven by small-scale agriculture elsewhere. We focus on the biodiversity offsets associated with the high-profile Ambatovy mine in Madagascar and evaluate their effectiveness at delivering no net loss of forest. Governments and lenders increasingly call for major industrial developments to offset unavoidable biodiversity loss but there are few robust evaluations of whether offset interventions ensure no net loss of biodiversity. Meeting the UN Sustainable Development Goals requires reconciling development with biodiversity conservation. ![]()
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