Other Programs
Environmental Markets
Reductions in Emissions from Deforestation and Degradation (“REDD”). Deforestation is the single largest cause of biodiversity loss worldwide and also accounts for approximately 10% of global greenhouse-gas emissions. LTC supported the effort to amend the United Nations Framework Convention on Climate Change to allow carbon credits to be granted to countries that demonstrate reductions in their emissions of carbon dioxide due to deforestation. Because the treaty currently provides no incentive for countries to reduce deforestation, we believe that this change could have a very significant impact, both in biodiversity conservation and in mitigating climate change, by providing, for the first time, a significant economic value to standing trees. In the absence of an amendment to the treaty, we also supported efforts to secure multi-billion-dollar, multi-year funding to launch REDD activities in multiple tropical countries. Project period: 2006-2016.
A Market-Based Approach to Nutrient Pollution in the Chesapeake Bay. An increasing number of rivers, lakes and coastal waters worldwide suffer from a dramatic loss of biodiversity caused by pollution from fertilizer, sewage, and other “nutrients.” A cap-and-trade approach to this problem has long been considered, and has been tried at a small scale in certain affected locations. This initiative sought to implement this approach at large scale for the first time in one high-profile location: the Chesapeake Bay, the world’s third-largest estuary, which has been severely affected by nutrient pollution. Project period: 2007-2015.
Reducing Carbon Emissions from Coastal Ecosystems (“Blue Carbon”). Coastal ecosystems such as mangroves, salt marshes, and seagrass meadows are highly biodiverse, vitally important to broader marine life, and provide critical services such as pollution filtration and storm protection. Yet, due to coastal development, agriculture, aquaculture, pollution and other forces, they are being lost around the world at up to 2% per year – about four times as fast as tropical forests. In the search for tools to halt or reverse this trend, regulation has had some effect in developed countries, but in most of the world, the trajectory of rapid loss continues. In this context, Blue Carbon stands out as having significant potential. These ecosystems sequester carbon at a high rate – likely more per square meter than any other major ecosystem – and the sediment under them contains centuries or millennia of accreted carbon. So their destruction not only halts the sequestration flux but also causes substantial emissions of previously-sequestered carbon from the sediment. This in turn may make it possible to create a linkage between the protection or restoration of these ecosystems and financial flows from carbon markets. We have supported (1) efforts to estimate the magnitude of blue-carbon emissions; (2) preliminary economic analyses to determine whether and where the potential revenue from Blue Carbon offset credits may outweigh the costs of protecting or restoring these ecosystems; and (3) efforts to incorporate mechanisms under the United Nations Framework Convention on Climate Change to compensate the protection and restoration of these ecosystems. Project period: 2010-2016.
Conservation Finance
Expanding and Financing the Park System in Chilean Patagonia. Tompkins Conservation (TC), a non-profit dedicated to conserving biodiversity, has handed back over 400,000 hectares (one million acres) of land it conserved to the Chilean government, making it the largest conservation donation ever from a private entity to a country. With this effort and over 3.6 million hectares (9 million acres) of federal land from Chile, the addition expands national parklands in Chile by 38.5 percent – which includes the Tompkins’ properties, Pumalín and Patagonia Parks, the expansion of two existing parks, Hornopirén and Corcovado, and one national reserve, Alacalufes. In 2018, Chilean President Michelle Bachelet officially declared the national park system expansion, which is roughly the size of Switzerland and will protect large areas of Chile’s rainforests, grasslands, and other terrain. These protected areas will also promote long-term conservation of biodiversity of species native to South America and will bring economic opportunities to the nearby communities. Linden Trust for Conservation made grants to TC, or its predecessors, for land conservation and park infrastructure, and is a strategic advisor on financing for the new parks. LTC has been involved with and supported TC since 2006.
ARPA for Life. The Amazon basin is a landscape of global importance. It covers more than 670 million hectares (1.6 billion acres), an area about two-thirds the size of the U.S., and spans nine countries; Brazil accounts for 60%. It is home to half of the world’s remaining tropical forests, one-fifth of Earth’s available fresh water, and approximately one in ten known species on Earth. Furthermore, more than 30 million people, including 350 indigenous and ethnic groups, live in and depend on the Amazon. Unfortunately, about 20% of the Amazon forest has already been lost, and the destruction continues, due to unsustainable expansion of agriculture and cattle ranching, construction of roads and dams, and extractive activities. In 1998, Brazilian President Fernando Henrique Cardoso pledged to protect 10% of the Brazilian Amazon. The lasting result of that declaration is the Amazon Region Protected Areas (ARPA) program, whose goal is to secure long-term protection for an ecologically representative sample of the biodiversity of the Brazilian Amazon in well-managed protected areas. ARPA now seeks to protect 15% of the Brazilian Amazon, or 60 million hectares (150 million acres) – an area equivalent to three times the size of the entire U.S. national-parks system. ARPA has made major strides toward that goal: to date, it has protected 32.5 million hectares (80 million acres). And this includes massive creation of new protected areas: new creation in ARPA’s Phase 1 alone (2003-2009) accounts for approximately 27% of all protected areas created globally in the same period. Yet ARPA is incomplete. The remaining challenge is to complete the network and, crucially, to secure all the financial and institutional resources needed to protect it. The “ARPA for Life” project, which closed in 2014, mobilized, in a single deal, all the financial and other commitments needed to permanently protect ARPA’s 60 million hectares. The deal included commitments by donors to place $215 million into a new trust fund, the ARPA Transition Fund, and commitments by the Brazilian government to expand and strengthen the protected areas and to gradually increase its own funding of the network. The Transition Fund supplements the government’s funding, in diminishing amounts over 25 years, as and if the government increases its funding and continues to expand and protect the areas. The purpose of this deal is to assist and motivate the Brazilian government to strengthen and take full financial ownership of ARPA. The 60 million hectare size of ARPA makes “ARPA for Life” the single largest land conservation deal in history. Project period: 2011-2014. See press coverage.
Forever Costa Rica. Many countries’ natural heritages suffer not only because insufficient areas have been designated as protected from development, but also because there are insufficient funds to manage those areas that are protected. Costa Rica has been a world leader in assigning national-park or other protected status to approximately 25% of its territory. This land, totaling 1.3 million hectares (3.2 million acres), is believed to harbor as much as 4% of the world’s biodiversity — roughly equivalent to all the species in the United States and Canada combined. However, this system has lacked funding structures to ensure that it will be well-managed in perpetuity. In addition, the country’s current marine protected areas have been inadequate to sustain its collapsing fisheries and protect its extraordinary diversity of marine life. With the Forever Costa Rica project, whose implementation began in 2010, Costa Rica now intends to at least double its marine protected areas and dramatically improve management of both its marine and terrestrial protected-area systems. Critically, it is doing this on the basis of sustainable financing secured by the project. This includes increased government expenditures and $57 million in new funding from external private, bilateral and multilateral donors, managed by a newly created, independent, special-purpose trust fund. When the project is fully implemented, it will make Costa Rica the first developing nation to achieve all of the protected-area goals of the United Nations’ Convention on Biological Diversity and will thereby position it to serve as a model for others. LTC conceived and launched this project in 2007 in conjunction with then-President Arias of Costa Rica, recruited our partners, and led the management of the project through its closing in 2010. Implementation is being led by a newly-created trust, the Forever Costa Rica Association, in partnership with the government of Costa Rica. Project period: 2007-2014. For more information on Forever Costa Rica, see the Executive Summary or the full Project Report.
Restoration of the Great Plains. The objective of this initiative is to partially restore significant features of the American Great Plains, including the ecological restoration of the bison. In order to accomplish this, we supported two major projects. The Northern Great Plains program of the World Wildlife Fund (WWF) seeks to restore and conserve one of the most important grassland ecosystems on Earth and the wildlife that call it home. We supported their goal to establish five herds of at least 1,000 bison each in the region by the year 2025. WWF works with tribal wildlife departments to align their bison programs with their community’s desires, to build management capacity, and to strengthen the economic sustainability of their programs. Additionally, we supported the program at the Wildlife Conservation Society(WCS) towards the fulfillment of the Vermejo Vision for bison. The Vision seeks the ecological recovery of North American bison, which will occur when multiple large herds move freely across extensive landscapes within all major habitats of their historic range. WCS advances collective stewardship through engagement with government, tribal, and academic partners and was instrumental in securing the 2016 recognition of the bison as the U.S. National Mammal. Project period: 2006-2020.
The Great Bear Rainforest is the world’s largest intact landscape of pristine coastal temperate rainforest. It extends along the Pacific coast of British Columbia to the border with Alaska, and is home to lush vegetation and rare animals, including thousand-year-old giant cedars, the spirit bear, eagles, and wild salmon. The GBRF is the result of collaboration between the Province of British Columbia, the Canadian government, the private sector, First Nations and a partnership of non-profit organizations. This collective effort established over 2 million hectares (4.9 million acres) of protected forests and used innovative financial planning to devote C$120 million to environmental and economic development projects. The projects are being carried out by First Nations and forest companies operating under ecosystem-based management. Project period: 2004-2007.
Tierra del Fuego. Karukinka is the name for a reserve established in Chilean Tierra del Fuego by the Wildlife Conservation Society in 2004, based on a gift of land and financial support from Goldman Sachs. It is an ecologically distinct mixed ecosystem of pristine austral forests, grasslands and massive bogs, and encompassing mountains, valley bottoms, and flatlands, totaling 0.3 million hectares (0.7 million acres). Project period: 2004-2005.